GBPUSD Fell Sharply On Current Account Report
Tuesday, June 30th, 2009Today could be call “the day the wheel fell off” on cable, GBPUSD as it took one step forward and three strides back in its trading activities today on economic reports. Is this the true state of our economy?
3 Reasons For Trading The Pounds
Wednesday, June 17th, 2009Suppose I told you that today is the day the British pound sterling could offering you great opportunities would you have taken my word for it? Would you have contemplated taking the position at all? Did I hear you say yeah with a pinch of salt? Let’s find out why.
GBP Fell Sharply on Bailout
Monday, September 29th, 2008The 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.
GBP/USD and GBP/JPY Trades Clocked +535 Pips On Stearns News
Saturday, March 15th, 2008Yesterday became my best pips collection day in my years of forex trading. The charts below are self explanatory but many of your emails have requested detailed execution tips which you will find very useful here. Forex Trading: GBP/USDI traded cable, GBP/USD and GBP/JPY yesterday. Both pairs came up trumps. I posted a couple of thoughts yesterday. My first post highlighted possible EUR/USD action play which ended up being right.
Forex Trading – Taken Out Twice Already.
Tuesday, September 18th, 2007Sentiments are beginning to shift upward-bias on intraday. The pivot level still stands at 228.32 and we going long above 228.60/65 with near-term targets @ 229.65 and 230.50 if extended. But if the pivot is violated again, we could be seeing a further downside move with 227.75 and 227.08 as targetted possibilities.
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