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- gavalar replied Nov 7, 2012
I have possible 1.6003 as first major stop, will be looking there
Cable Update (GBPUSD)
- gavalar replied Nov 7, 2012
Congrats....Markets dont like Obama for some reason though
Cable Update (GBPUSD)
- gavalar replied Nov 6, 2012
think if it gets to 1.603, we may go all the way to top of channel again....1.6175 perhaps. I got this resistance at 1.5992 it has to get through first...but H4 MACD starting to show divergence so who knows? Good luck though T Cable Update (GBPUSD)
- gavalar replied Nov 2, 2012
Yes, the news will only take it so far, the market has a direction. Its currently in a dog fight between trend lines. Also have a feeling that GBP could start to be seen as a bit of a safe haven hence the pound gaining versus the euro. Also bullish ...
Cable Update (GBPUSD)
- gavalar replied Nov 2, 2012
I've said for a while now, lots of construction in uk pushed by govt and supported by private companies. UKs usual way to try and get out of recession.
Cable Update (GBPUSD)
- gavalar replied Nov 1, 2012
Always great to hear your thoughts and have seen tirmizis replies, both of you have sound valid points. Its very difficult at present to predict which way this pair will go medium to long term so am currently looking for signals for the next 4 - 8 ...
Cable Update (GBPUSD)
- gavalar replied Oct 31, 2012
Guys, not saying it wont but why do you think there will be such a drop. The damage this storm has caused has cost the US billions
Cable Update (GBPUSD)
- gavalar replied Oct 31, 2012
Watch out when US finally opens, market could go nuts to start.
Cable Update (GBPUSD)
- gavalar replied Oct 30, 2012
By the way, I hope everyone from this forum who lives in that part of the world is safe and sound.
Cable Update (GBPUSD)
- gavalar replied Oct 30, 2012
Wow, Just got up here to pictures on the BBC. Atlantic City under water, Manhattan badly flooded. Possible explosion at Nuclear power plant in New Jersey. Sister lives in Cleveland and even they affected. ....On top of that BOJ announced aggressive ...
Cable Update (GBPUSD)
- gavalar replied Oct 29, 2012
only thing bothering me i that if the storm turns out to be costly in terms of damage, this often results in the currency (dollar in this instance) diving. Still short from 875 this morning, set to BE but will move to trailing stop should we see ...
Cable Update (GBPUSD)
- gavalar replied Oct 25, 2012
I think Fxtyrant (I know !"its me...its me" )could be right. My eyes almost siezed open just looking at where the next opportunity is and it may be after NY lunch. See the euro starting to move and the aussie pairs are getting my attention so may go ...
Cable Update (GBPUSD)
- gavalar replied Oct 25, 2012
Its not just the olympics, regional data was strong too and really, it was the London Olympics. Ford are struggling because of Ford. Nissan in the north east just created a shed load of jobs earlier this year so its not the motor industry per se ...
Cable Update (GBPUSD)
- gavalar replied Oct 25, 2012
Well the way I like to find out is by looking at the chart
No seriously, all my other indicators will start clicking in one by one if we are going back downCable Update (GBPUSD)
- gavalar replied Oct 25, 2012
Well I had a good run long on both gu and gj but a is habit, shut before news....silly me

Cable Update (GBPUSD)