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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:11
Is times like this which highlight how badly the mkt really reflects the true underlying position. Knee-jerks purely on immediate inflation outlook with no consideration to a zero "internal" inflationary position.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 11, 2011 11:10
traders report that retail community have sell interest in the $1.6405/25 area, the rate having met this interest on its recent push above $1.64

poor suckers.. it's always safe to bet against them..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:07
Q&A's still in progress, always the most interesting part of the mtng !
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 11, 2011 11:04
yep
jacek
Australia
Posted Anonymously
13 years ago
May 11, 2011 10:55
nice pop in cable.. King or no King price action speaks volume..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 11, 2011 6:17
Thx Ash.. anyway no pop in cable in asia.. so with such good odds will now try to play King short..
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 10, 2011 23:56
I didnt even mention the fact that since 2009, each time King spoke to Parliament or elsewhere, GBP fell. The only exception was in last summer.


Ashraf
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 23:46
just a had look at 1h.. it looks good.. sitting on the trendline and neck of reverse H&S.. not waiting for 6420 if it pops..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 23:39
apology to the Queen.. symmetry it is..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 23:34
that's a nice number.. i see cable still above 1.633.. so there is a hope.. for symetry..