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- tim1234 replied Nov 16, 2007
GBP/USD: Stops Below 2.0380 Tripped as Rout Continues London, November 16. Another batch of tripped sell stops, this time below 2.0380, has helped depress cable to new 24-day lows just shy of 2.0350 as the rout of the pound continues apace. Seven ...
Cable Update (GBPUSD)
- tim1234 replied Nov 16, 2007
Another attempt to break the 50% fibo at 2.0410 has proved successful and the pair now heads lower again in favor of the short trade. Hourly studies bearish and show scope for a dip into the lower 2.0300s. Daily trend studies tick lower still but ...
Cable Update (GBPUSD)
- tim1234 replied Nov 16, 2007
GBP/USD: Sub-2.0400-05 Sell Stops Tripped, New 24-Day Low Hit London, November 16. Tripped sell stops below 2.0400-05 have helped depress cable to a new 24-day low of 2.0386. Further sell stops reportedly reside under 2.0380. Some profit-take buy ...
Cable Update (GBPUSD)
- tim1234 replied Nov 16, 2007
FX OPTIONS: Cable Vols Meet Early Demand London, November 16. GBP remains weak in the low 2.04"s, since its slide from 2.0850 Wednesday. BoE inflation report prompting initial losses, while yesterday"s weak UK retail sales data, was the catalyst for ...
Cable Update (GBPUSD)
- tim1234 replied Nov 16, 2007
GBP/USD: Elicits Support at 2.0407 Asian Session Base London, November 16. Cable elicited support at today"s Asian session base of 2.0407 after another sharp fall from the low 2.0480"s. The buy interest at 2.0407 in Asia was described as "decent". ...
Cable Update (GBPUSD)
- tim1234 replied Nov 15, 2007
GBP/USD: Outlook Looking Gloomier by the Day New York, November 15. The bad news continues for the recently beleaguered Cable, with the latest data out from the UK showing October retail sales slide -0.1% versus the consensus expectation that had ...
Cable Update (GBPUSD)
- tim1234 replied Nov 15, 2007
FX OPTIONS: Daily Overview: Vol Gains Abound 15:27 FX OPTIONS: Daily Overview: Vol Gains Abound London, November 15. Another day of robust activity, with vol gains to note across the board in London. Spot Cable back under pressure after the weak UK ...
Cable Update (GBPUSD)
- tim1234 replied Nov 15, 2007
GBP/USD: 2.0500 Option Expiry Today London, November 15. We have been told that a 2.0500 option strike rolls off at today"s looming 10am Eastern NY cut (15:00GMT). Sell stops below 2.0500 were tripped during the European morning, following the ...
Cable Update (GBPUSD)
- tim1234 replied Nov 15, 2007
i take it we should be looking to short it from the top of this rally?
Cable Update (GBPUSD)