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| | | Junior Member
 
Group: Forum User
Last Login: 7/17/2008 12:47:56 PM
Posts: 13, Visits: 24 |
| | I am noticing a stong band of support between 1.9929 and 1.9960. On the fundamental/long term side i am expecting a large move to the downside after this is broken, to approximately 19870-1.9850. I would use an order to go short since this trade might not happen for a few days. Good luck trading! |
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| | | Forum Newbie
Group: Forum User
Last Login: 7/28/2008 7:43:08 AM
Posts: 1, Visits: 4 |
| Are you feeling pretty strong on this?
Another day another win! |
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| | | Forum Guru
Group: Forum User
Last Login: 9/25/2008 12:53:12 PM
Posts: 51, Visits: 114 |
| | GBPUSD has topped out at 1.8667 today, and is falling off the face of the earth. With the 700 Billion Dollar US bailout seeming more likely by the hour, and with pleanty of uncertainty and unwillingness of the BOE to assist UK banks, it looks like a one way street for this pair for weeks to come. We could easily see 1.8000, and potentially revisit the lows of 1.7450 by year end. |
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