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Maso replied May 28, 2013Cable is sinking even non-stop to touch 1.45 area. Let see!
Cable Update (GBPUSD)
- Maso replied May 28, 2013
Cable is waiting for somebody to load long positions and then, fall more and more and more
Cable Update (GBPUSD)
- Maso replied May 28, 2013
The cable felt as I predicted
the target is below 1.50Cable Update (GBPUSD)
.- Maso replied May 28, 2013
Cable touched 1.5153 yesterday. If you draw the Fib, as I did, the first target is 1.488 and then, 1.472.
Cable Update (GBPUSD)
- Maso replied May 27, 2013
Just I'd like to remind you all that this Thursday we'll have the US GDP report. Then, I think all majors are bearish this week.
Cable Update (GBPUSD)
- Maso commented May 26, 2013
His speech has two sides: firstly, it emphasises that they are suffering from this policy, secondly, he is trying to keep the policy.
BOJ's Kuroda says pain from bond yield rise is manageable
- Maso commented May 24, 2013
The BOE is printing more and more.
BoE's Fisher says evidence shows that QE is not becoming less effective
- Maso replied May 23, 2013
That's right. USD is so strong. I said this fact yesterday and today's job data confirmed its power again. All majors are still down. Cable is going to below 1.49 for today.
Cable Update (GBPUSD)
- Maso commented May 23, 2013
Yes, you are right. The illness of the UK economy is absolutely clear and all recent data confirmed it. The real position of cable is below the current level.
Concerns over underlying health of UK economy as 0.3% growth confirmed
- Maso replied May 23, 2013
Yes, and that is why I'm trying to tell you that just staying on the technical analysis is not always working. Cable is a manipulating currency and they sometimes work on technical issues and suddenly against it. Then, many traders loose a huge ...
Cable Update (GBPUSD)
- Maso replied May 23, 2013
For me, it is going down at least 1.49 area for now.
Cable Update (GBPUSD)