Thanks mate I am sitting here thinking am i mad,I dont hear voices yet which is a good sign,ha ha

Cable Update (GBPUSD)

Or maybe market want to print a long legged doji on monthly

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Agree with all that all that Allserene ,also we talk about tech and fundamentals' but don't you think there there is a third part to the puzzle which is hardly touched here Market Sentiment, I've noticed price go and not go ,places where would not ...

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Im seeing a rising channel forming on my daily,im sure uk wont slash rates ,house prices up 6% on year,(probebley 30% +in last 4years)british can not handle low rates ,would b a signal to borrow again ,we have been borrowing to the max .

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one is private and one is government i think ,I have seen figures differ between the two though so don't rely on it being a good figure ,got to agree pretty much with jacobtrader in everything he says,although I'm not sure were on that trend line we ...

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no ,its short term but looking at inverted hammer on 1 hour ,could b on the up before 12 ,to give positive close

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Come on lads make love not war think about me I closed my longs at the bottom before before the intrest rate news and now have at least one long near the top,gonna hold out though for min LOL

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yes thanks

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now your talking

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im thinking that will b US positive due to the extra money released on low intrest rates right ? Ive thought about it im now thinking US negative as we are talking about last months employment figures and they could b bad ,hense the emergency cut ...

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besides what im saying is i dont even agree with his fundamental analysis ,but thats great ,i am looking to learn somthing new everyday...if hes right

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what about price is that lagging ?Acidguy was calling short all day yesturday when it was clearly going up,couldnt have been smoother,until that retrace that is,lol

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Acidguy i know you are a fundermentalist trader,buy surly you need a bit of technical ,check out your 4hr ,been trending up very nicely since 22 Jan , getting close to that rising tl now though ,im not saying i dont like your posts ,find your view ...

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100 % agree and on the 50 % fib thing previous

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big rate cuts ?? i dont think so ,our housing market has been overheating big time,only just started to fall back,a tiny bit,uk inflation only just got back to banks target,BOE inbetween a rock and hard place,dont count on big drops in our intrest ...

Cable Update (GBPUSD)

words from my broker 13:30 US ECON: Durable Goods Jump 5.2%, Ex-Trans +2.6%, Very Strong Boston, January 29. Credit aircraft orders for the 5.2% jump in headline durable goods but the ex-trans increase of 2.6% was far ahead of expectations. Traders ...

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now that what i call a great call,market still bullish though into news ,the smallest thing will send up

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dont agree i believe traders were clearing longs in advance ,collecting pips,clearing the way,taking out obvious buys

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Not sure why your short lads the trend has been a very smooth up today,check out the 30 min ,you gotta let that break first before short

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to me the whole up move and fall last night was to flush out longs,1.9850 is no longer the resistance the buy over 9850 was to easy ,anyone that did got burnt,everone gonna think twice this time round ,if it happens

Cable Update (GBPUSD)