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    • goodthings replied Jan 16, 2007

      Support and resistence with a 41 pip difference between the two. Keep in mind when it breaks either point with the daily avergae being 138 pips and the mean( the most common pip movement for the pound) being around 125 pips on the average there is a ...

      Daily Cable Analysis
    • goodthings replied Jan 15, 2007

      Finally on the 15 minute chart we see the the 50 fib level of the days high and low at 9616 is an area of support. If the support holds through the Asian session and is broken when the London session opens it could be a short for the day. Obviously ...

      Daily Cable Analysis
    • goodthings replied Jan 15, 2007

      Quote From Burgker King on gbpusd ppi thread something I'd like to point out about UK news. From my observation, UK news peak out about 6~7AM EST; ie, it takes about 2-3 hours to work out. Thats what I did sometime last September on UK GDP. My 1M ...

      Daily Cable Analysis
    • goodthings replied Jan 15, 2007

      Burger King got the numbers he said they were negative on the pound meaning higher yet it has not really effected the pound. Going by the charts this report does not effect the trend. It may cause a bump but looking at the past year it does not ...

      Daily Cable Analysis
    • goodthings replied Jan 15, 2007

      From Fxcm Cable has run into resistance at 1.9650, having been helped to that level by fresh Middle Eastern demand for GBP. Prior Middle Eastern buying of the pound was seen on Friday. A large 1.9650 option strike rolls off tomorrow

      Daily Cable Analysis
    • goodthings replied Jan 15, 2007

      PPI is the producer price index, which measures prices that local producers and manufacturers have to pay for their raw materials. Prices that they pay for raw materials is called PPI Input. The prices for ready products that they deliver to ...

      GBP/USD PPI Report
    • goodthings replied Jan 15, 2007

      Monday the first Day of the week the GbpUsd has: Moved 100 pips are more 30 times in the last 53 days of Mondays for a 56.7% probability of 100 pip movement The average daily range on Monday is 124 pips since 2006 Moved 100 pips are more 12 times in ...

      Daily Cable Analysis