Cable Gains And More
Wednesday, October 29th, 2008Cable, 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, 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 Bucks Trend - Bloody Day
Tuesday, April 8th, 2008The British pound sterlings saw reversal from last week’s budding trend this morning. Forex traders began Cable, GBP/USD sell-off in the Asian and Pacific market sessions of the early hours of today. The shorts remained intact through Euro and US trading Sessions all afternoon.
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