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    • tim1234 replied Dec 20, 2007

      GMT December 20 Cable opened in New York trading 1.9885 and was once again offered from jump with the pair easily clearing stops below 1.9880 on cross relating GBP selling via GBP/JPY and EUR/GBP to open a sharp drop into the London fix by 1.9800. ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 20, 2007

      GBP/USD: Price Beginning To Churn Just Above Session Lows London, December 20. Another bear push as the U.S equity market trades a little firmer from the open and the Dollar steps higher once again. Sterling has also attracted some late selling out ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 18, 2007

      GBP/USD: Rally At NY Close Confuses Technical Picture Sydney, December 19: The GBP/USD rally to 2.0145 into the US close prevented the pairing from closing below the 200-day MA at 2.1045 for the first time since April 2006. The GBP/USD has formed a ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 18, 2007

      19:38 GMT December 18 Cable opened in New York trading 2.0160 following the setbacks seen overnight on the back of the softer than expected UK inflation numbers. CPI came in at 2.1% y/y, below the market expectation for 2.2% y/y, with the key ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 14, 2007

      EUR/USD: Dollar Rally Generates Rumours Out Of London London, December 14. The Dollar has staged an impressive rally, albeit through reportedly thin market conditions. Apart from fall-out from Thursday"s positive U.S data the reason behind the ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 11, 2007

      News: FOMC Actively Contemplated More Aggressive Action - CNBC Sydney, December 12: CNBC head economist, Steve Leisman, said he was contacted by a high level Fed source who said the Fed was actively considering implementing additional tools ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 7, 2007

      GBP/USD: Buy Stops Tripped En Route to pre-2.0350 Highs London, December 7. Tripped buy stops above 2.0312 (yesterday"s peak) and 2.0320 have helped inflate cable to two-day highs within a tenth-of-a-cent of touted offers at 2.0350. Further buy ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 7, 2007

      GBP/USD: Buoyed by Corporate Demand, 2.0300 Offers Tested London, December 7. Corporate demand is being touted as a factor in cable"s ascent to test 2.0300 offers, from an early Europe intra-day low of 2.0221. Some buy stops reportedly reside above ...

      Cable Update (GBPUSD)
    • tim1234 replied Dec 6, 2007

      GBP/USD: Capped pre-2.0312, Latest BoE Data on NR Borrowing London, December 6. Cable ran into resistance ahead of 2.0312 (today"s Asian session top) after pushing its recovery envelope from a post-UK base rate cut 10-week low of 2.0180. There is ...

      Cable Update (GBPUSD)