GBP/USD trading

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

  1. fridays are usually pretty volatile days in currency markets. Some european numbers coming out in a few hours.

    expecting test of the GBP channel top border of the channel comes in at 1.9850...

    downward progression channels against the larger trend dont last too long.. especially with gbp/jpy testing upper resistance in the 239 handle.
     
    #431     May 17, 2007
  2. nik1033

    nik1033

    Cable will definitely test this level today..

    GL
     
    #432     May 18, 2007
  3. nik1033

    nik1033

    It is better to have break for today as market is very sensitive today. if something to happen would be down step IMHO.

    GL & GT
     
    #433     May 21, 2007
  4. US holiday weekend could be used to run major stops.
     
    #434     May 21, 2007
  5. gbpjpy easier to push up gbpusd then usdjpy to push gbpjpy over the edge.
     
    #435     May 21, 2007
  6. nik1033

    nik1033

    Gbp/usd step up is expected for today...

    GL & GT
     
    #436     May 21, 2007
  7. Longing and keeping from 1.9708
    IMO cable wants 2.02 this time
     
    #437     May 22, 2007
  8. nik1033

    nik1033

    Will double previous long! seems will touch 1.9860 for next days
    GL & GT
     
    #438     May 23, 2007
  9. hit the channel pretty nice.
     
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    #439     May 23, 2007
  10. nik1033

    nik1033

    nice to see target so far:D
     
    #440     May 24, 2007