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Posts by "mak"

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MAK
London, Great Britain
Posted Anonymously
15 years ago
Dec 5, 2008 16:33
In Thread: Fed's Quantitative Easing Extends Seasonal Reversals
Hi Ashraf,

Firstly welcome to UK!

Secondly do you still see seasonal reversals for cable in line with your article 'Beware of Seasonal Forex Reversals' on 19 Nov...it seems to be trending the other way? All the reading in the past indicated a big uptrend to 1.60.. now with the rate cut where to you see the bounce back upto. Do you still think cable will bounce back before trending down to multidecade support at 1.37?

Thanks and best wished

MAK
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