US ($) Currency Thread 1 (closed - use thread 2)

inspector_monkfish

[12:31 GBP/USD: Bids Left Behind After Another Surge In Price] London, March 19.

Pretty much one way traffic for forex this session with the Dollar taking a
beating. Cable has worked through a series of technical resistance points and in
the process broken the back of a short term bear trend. A full retracement of the
1.4985 to 1.3655 drop possible as demand reportedly builds. For this session good
bids in the 1.4150-1.4200 area have been left behind as the market races to a
1.4530 high. Stops have played a part in the rally with orders tripped 1.4350 and
1.4380. Looking ahead, the Pound is stretched in the 1.45"s and we see risk of
pullbacks to the 1.4400-30 area before higher again.

inspector_monkfish

whatusername wrote: »

Don't want to speculate as 1.50 is a tough barrier but if it goes through it we could see 1.55.

Bring it on baby

calm down !!

this rally is purely a USD sell-off.
its is NOT a sudden reflection of GBP being great again.:cool:

EUR is actually stronger against the Pound since the FOMC announcement at 6.15pm yesterday.

whatusername

inspector_monkfish wrote: »

calm down !!

this rally is purely a USD sell-off.
its is NOT a sudden reflection of GBP being great again.:cool:

EUR is actually stronger against the Pound since the FOMC announcement at 6.15pm yesterday.

Im calm, more in hope than expectation but given what has happened before, who knows

inspector_monkfish

whatusername wrote: »

Im calm, more in hope than expectation but given what has happened before, who knows

too true
its all just another example of how fragile and fickle this market is, and how totally unexpected news can really swing things...... can be very exciting at times, but very very dull other times !

whatusername

Dull?

http://www.youtube.com/watch?v=IL0VYr--iaQ

inspector_monkfish

on the rise again at 1.4525

inspector_monkfish

!!!!!!.. :rotfl:

http://forums.moneysavingexpert.com/showthread.html?t=1560945

haziec

inspector_monkfish wrote: »

!!!!!!.. :rotfl:

http://forums.moneysavingexpert.com/showthread.html?t=1560945

ROFL !!
They can visit my DIL anytime LOL:D

jonathanrichardson69

HAZIEC wrote: »

ROFL !!
They can visit my DIL anytime LOL:D

thats hilarious

whatusername

inspector_monkfish wrote: »

!!!!!!.. :rotfl:

http://forums.moneysavingexpert.com/showthread.html?t=1560945

Some people are strange