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

inspector_monkfish

08:32 05May09 DJN-DJ MARKET TALK: Cable Rally To $1.54 Is Possible
DJ MARKET TALK: Cable Rally To $1.54 Is Possible

0732 GMT (Dow Jones) USD weakness and rising risk appetite have been helping the GBP higher. "A cable rally towards $1.54 is possible in the near term," says UniCredit.

GBP/USD is now at $1.5015. (NEH)

inspector_monkfish

just touched a new 4 month high of 1.5080

inspector_monkfish

bl00dy hell :eek:

1.51 trading

:beer::beer::beer:

you are all missing the fun.... where are you all ????

jackieblack

inspector_monkfish wrote: »

bl00dy hell :eek:

1.51 trading

:beer::beer::beer:

you are all missing the fun.... where are you all ????

:T :j :T :j :T :j
(keeping quiet - trying not to jinx it! :D:o:rolleyes:)

whatusername

It's taken a wee tumble but it's looking bonnie today, keep it going man.

Who's singing today?

inspector_monkfish

1.5070 trading now

sitcom123

I cant believe i have missed all this excitement, just logged on now, I havent been on since Friday!! Come on the pound!!!!:j:j

inspector_monkfish

another new high.... 1.5125

neilbond007

morning all!! just woke up. 1.51!!

i'm liking the mention of 1.54 too!

inspector_monkfish

11:46 05May09 IGM-FX: Gbp bulls eye next topside targets
10:45 GMT - [GBP] has been the undoubted top performer in Europe so far. UK
clearer and German bank demand has been very prominent and topside stops
have been tripped pretty much across the board. The pivot for Cable was
1.5065/70 and a host of stops were tripped on a break above. Models were
seen keen buyers after, the move to the 1.5112 16-week best also helped
along by a much firmer than expected UK Apr construction PMI report at
38.1 vs a 31.9 forecast and 30.9 last. Ahead of all things US and the
next ISM, bulls will be eyeing a sustained 1.5065/70 breach for even
greater topside towards 1.5250 and 1.5370/75 areas.