Its struggling at these supports it may take London to break through them. So far its moved 78 pips that a lot of pips for Asia and plus it being the first day of the week <TABLE style="WIDTH: 554pt; BORDER-COLLAPSE: collapse" cellSpacing=0 ...

Cable Update (GBPUSD)

What do you know about the news announcements at 4:30 in regards to the gbp. Continue to support short?

GBPUSD

This also just came in from FXCM The GBP/USD continues to sink on a broadly firming USD and is now hovering above key fibo support around 1.9460. This level is the 38.2 of the 1.8835/1.9850 move and a break below would suggest that a short-term top ...

Cable Update (GBPUSD)

Were at one resistent point and heading toward a long term fib of 38.2

Cable Update (GBPUSD)

Anybody know what kind of movement the news announcements will create at 4:30am eastern time.

Cable Update (GBPUSD)

definetely not before 8:30 am eastern time. Based on news releases and market movement after 10am eastern time closer to noon. Thats guestimation am doing research on that as well.

Cable Update (GBPUSD)

<TABLE style="WIDTH: 701pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=934 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" span=2 width=64><COL style="WIDTH: 48pt" span=2 width=64><COL style="WIDTH: 48pt" width=64><COL ...

Cable Update (GBPUSD)

This is the weekly pound dollar high's low's open and close for the year to date. <TABLE style="WIDTH: 296pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=394 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" span=3 width=64><COL ...

Cable Update (GBPUSD)

Hopefully you will find this information useful to plan your trading. <TABLE style="WIDTH: 554pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=739 border=0 x:str><COLGROUP><COL style="WIDTH: 47pt; mso-width-source: userset; ...

Cable Update (GBPUSD)

This came from Fxcm Gbp target 1.9460 after December 11: The GBP/USD staged a key outside day reversal on Friday when the pairing viciously changed directions after posting a high around 1.9725/30 and closed the day below Thursday"s 1.9610 low. The ...

Cable Update (GBPUSD)

Pound is currently 9515 which is 5 pips below fridays close the weeks low and 54 pips below the 23.6 fib of Fridays high low. Which pound never did fully retrace to that level.

Cable Update (GBPUSD)

Yes Again more then one confirmation and continual awareness of back and forward testing shows what works.

james16 Chart Thread

Good question I am wondering if the tolerances differ when you are looking at an hourly,daily. or weekly chart

james16 Chart Thread

Pound closed friday at 9548 and www.oanda.com shows pound 9538

Cable Update (GBPUSD)

The Average distance between the high and low of the gbp/usd on a weekly basis is : 311 pips 2005 317 pips 2006 to date 314 pips two years combined

GBP Patterns, Facts, Trivia

Do you say that based on 9337 is the .382 fib of oct. 11 thru Dec.1 low of 8514 and high 9846 (50 days)and the 9341 is the .50 fib of nov.7 thru Dec. 1 low of 8636 and high of 9846.

Cable Update (GBPUSD)

Does anybody have any information on how the 4:30 am eastern time announcements for the GBP effects the gbp/usd currency?

Cable Update (GBPUSD)

Here Is a picture of the pound dollar retracement based on a daily move from the high to the low. Notice it retraced to the 50 fib level

The Fibonacci !?

The numbers 76.4 and less or numbers that a currency retraces to after it reaches a high or low this can be based on daily or higher time frames For instance notice the post of the Usd/Jpy fib retracements on a weekly chart from a high and low of 50 ...

The Fibonacci !?