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Cable Gains And More

Wednesday, October 29th, 2008

Cable, GBPUSD gained a significant reprieve last night amid previous lows from last week’s traded levels. This morning saw a continuation on the ‘out of jail’ breakout of Tuesday’s trading session. Could this be the mark of a resurging cable?

GBP Fell Sharply on Bailout

Monday, September 29th, 2008

The GBP USD, cable has been under immerse pressure in the last few month because of the closed UK economic link to the US. At a point the market had shed over 400 pips from Friday’s trading session.

Today’s Currency Trading Outlook

Thursday, July 31st, 2008

Yesterday session saw a very stale trading day with most currency pairs trading within themselves sideways. Not even the Asian market could-start or alter direction in the overnight trades. Yesterday is in the tomb and today is all we have right now but how will it go?

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