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gammase1 replied Oct 14, 2009A total u-turn from your views expressed at the weekend, where you were screaming for cable at 1.62 and a much weaker dollar?
Cable Update (GBPUSD)
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gammase1 replied Oct 14, 2009You should hedge your side of the bet through a purchase of a One-Touch option with 1.5300 strike, with 3-month expiry....
Cable Update (GBPUSD)
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gammase1 replied Oct 14, 2009Hi Navin, There used to be a very strong positive correlation between cable and risk assets (equities, commodities, EM assets), but this has broken down in recent months as sterling's yield advantage over other currencies has all but disappeared, ...
Cable Update (GBPUSD)
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gammase1 replied Oct 14, 2009Speaking as someone who takes a strong interest in all things fundamental, I still find your statement to be both a baseless and an empty generalisation. It may be the case that your technical analysis of price action is of no use whatsoever, I ...
Cable Update (GBPUSD)
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gammase1 replied Oct 13, 2009Manipulation and a giant stop hunt by the brokers. Why else would the dollar be getting destroyed by all and sundry, with the notable exception of sterling, in recent weeks? I can't think of any reasons, funnymental or otherwise

Cable Update (GBPUSD)
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gammase1 replied Oct 13, 2009That was well worth the wait. Thank you so much.
Cable Update (GBPUSD)
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gammase1 replied Oct 12, 2009Hey BB, It's been going well at the moment. Luckily, I've been on the right side of the recent broad trends in the market, which has given me a strong start to the month. How's everything going on your side? Very well, I trust. Paul
Cable Update (GBPUSD)
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gammase1 replied Oct 12, 2009With equities so strong, commodities have started firming again in recent hours, thereby exerting pressure on the greenback, much in line with recent trends.
Cable Update (GBPUSD)
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gammase1 replied Oct 12, 2009Hi all, Notwithstanding my bearishness on sterling, we could see a brief snapback from sterling weakness tomorrow, following the release of UK CPI. Sterling has been reacting quite sensitively to domestic data of late and CPI has been stubbornly ...
Cable Update (GBPUSD)
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gammase1 replied Oct 11, 2009Yep, who really knows.... Tomorrow could indeed see volatile swings, with attempts to move the market in low volume trading.
Cable Update (GBPUSD)
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gammase1 replied Oct 11, 2009Firstly, nice analysis. Keep it up...
However, the correlation between sterling and the performance of risk assets has not been at all strong in recent months, something to which this chart illustrates very clearly. In fact, it is ...Cable Update (GBPUSD)
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gammase1 replied Oct 11, 2009Blanchflower is a former MPC member. He has always been ultra-dovish with his views on monetary policy, which are often way out off step from his former colleagues on the MPC.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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gammase1 replied Oct 10, 2009But the problems you mention regarding US GDP and growing debt levels being intertwined in recent years are far worse in the UK, in that Britain "enjoyed" a decade of economic growth that was fueled by an exponential increase in household debt, at a ...
Cable Update (GBPUSD)