Archived IMT (2010.10.22)
GBPUSD & GBPCHFCOMBO. STERLING was not spared by the market this week, faring as the biggest loser among a group of currencies month-to-date, week-to-date and today. More losses are seen ahead. I warned on Monday that it would be an austere week for GBP based on the spending review and expected QE2 vote by MPCs Posen. The disappointing CBI data and unexpected decline in retail sales did not help either. While the GBPUSD HotChart remains valid http://bit.ly/bahqjD eyeing $1.5555 & possible $1.53, TAKE A LOOK AT GBPCHF longs as a possible hedge for GBPUSD shorts. WEEKLY & DAILY GBPCHF suggest interim upside extending to prelim target of $1.55 & 1.57. Such is a possible combo trade, which would be especially fuelled by further USDX gains towards 79.50s.
Copper Broke, Time to Worry?
by Ashraf Laidi | Sep 28, 2023 12:22
Inflection points in Gold إنعطافات الذهب
by Ashraf Laidi | Sep 22, 2023 18:25
GBP Does it again عملها مرة أخرى
by Ashraf Laidi | Sep 20, 2023 13:19
ندوة أوربكس الآن مع أشرف العايدي
by Ashraf Laidi | Sep 19, 2023 18:43
Gold & CPI Scenarios الذهب والسيناريوهات
by Ashraf Laidi | Sep 15, 2023 12:11