GBP/USD trading

Discussion in 'Forex' started by nik1033, Dec 4, 2006.

  1. Jon Reed

    Jon Reed

    My technicals are showing long, but the market seems to have been very erratic lately, anyone have an opinion?
     
    #211     Jan 25, 2007
  2. short, the last 100 pip move seems to be good indicator, if its implied direction.
     
    #212     Jan 25, 2007
  3. long until 1.9770
     
    #213     Jan 25, 2007
  4. stop out -50 pips
     
    #214     Jan 25, 2007
  5. nik1033

    nik1033

    Lets for UK to start, then it will clear the situation!
     
    #215     Jan 25, 2007
  6. nik1033

    nik1033

    For now looks SHORTy!!!

    GL & GT
     
    #216     Jan 26, 2007
  7. Jon Reed

    Jon Reed

    Looks like short for at least the next 3 days, what do you guys think? News doesn't look good for GBP either, so that'll probably also add to the drop.
     
    #217     Jan 28, 2007
  8. nik1033

    nik1033

    For me it will go up again...

    GL & GT
     
    #218     Jan 28, 2007
  9. no real reason for it to shoot up, but sell side momo is stronger, no news to fuel the trade except the davos snobs jawboning it for their friends.

    'look ma' see how much i can push the fx market....weee
     
    #219     Jan 28, 2007
  10. gbp should slide with eur.
     
    #220     Jan 29, 2007