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GlobalMacro replied May 20, 200919 pips difference is absolutely NOTHING for a volatility magnitude of a currency such as cable.
Cable Update (GBPUSD)
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GlobalMacro replied May 20, 2009Top-heavy market indicating weakening momentum. 1.5511 good place to establish shorts.
Cable Update (GBPUSD)
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GlobalMacro replied May 20, 2009The market's looking heavy. Be careful w/ longs.
Cable Update (GBPUSD)
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GlobalMacro replied May 19, 2009Bro, It's always better to stay alive to fight another day...Believe me..

Cable Update (GBPUSD)
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GlobalMacro replied May 18, 2009I feel this would be a good TP level if one has been long. I wouldn't be opening short positions here, though . Flat for now.
Cable Update (GBPUSD)
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GlobalMacro replied May 18, 2009Yup...Waning bearish momentum pre-London open & the 1.5142 burgeoning support did a good job at buoying the market up by 100 pips...This should be a good level to take profits (1.5250s)
Cable Update (GBPUSD)
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GlobalMacro replied May 18, 2009"Rightmove HPI" was decent last night, choking off bearish acceleration. Bearish momentum dissipating fast, thus putting us back into neutral territory. Watching 1.5142 which is growing to a pretty solid support.
Cable Update (GBPUSD)
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GlobalMacro replied May 17, 2009Unless of course the "Rightmove HPI" release hits us with a really bullish surprise in which case all bets will be off.
Cable Update (GBPUSD)
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GlobalMacro replied May 17, 2009Hi You'll, Hope everyone's had a good weekend. Here's my take for the coming several hours: Downside risk towards 1.5090s, then 1.5057. If the latter doesn't hold further acceleration below there.
Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009No, buddy...in the continental europe for now...... Take care. See you on Monday.
Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009Cheers, mate. I'm off... HAVE A NICE WEEKEND EVERYBODY!!

Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009Market's mixed now, no clear follow-through. Be careful people with fresh positions if you wanna relax over the weekend!!!
Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009Bullish upthrust played out nicely! — Exiting long position from 1.5150 @ 1.5250 => +100 pips booked.
Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009That's less risk aversion, hence good for GU.
Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009Not oversold probably because it's been a mere correction/retracement and not an outright bear move.

Cable Update (GBPUSD)
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GlobalMacro replied May 15, 2009Maybe then this afternoon CPI or TIC will trigger that (if at all) but definitely not before. Still bullish on this pair for the time being.
Cable Update (GBPUSD)