do you think cable has bottomed? no major movement in the last hour or so!! the us data was on line so all is looking healthy for dollar.

Cable Update (GBPUSD)

thats all well and when the economy picks up the pound will rise too but until then it will keep falling!!

Cable Update (GBPUSD)

still very much short

Cable Update (GBPUSD)

Data is bad for GBP — look at the data for GBp. very bad. account deficit 20 billion!!!

Cable Update (GBPUSD)

why hasnt cable fallen??? the housing data was slightly better than expected and Mervyn king said he could see interest rates dropping int he uk next year!!! if that aint dollar bullish i dont know what is!!

Cable Update (GBPUSD)

bloomberg tv uk on bloomberg.com im listening to it now

Cable Update (GBPUSD)

i need the same reassurance. if this thing wants to go down then please let it go in spectacular fashion and cheer us all up.

Cable Update (GBPUSD)

if it breaks 2.01 then it will break 2.

Cable Update (GBPUSD)

i cant see how the pound can sustain itself above 2 dollar mark. there must be other forces at work here!!

Cable Update (GBPUSD)

i think everyone knows they must short cable especially with mervyn king due to speak too just before america wakes up and shorts cable even further!!

Cable Update (GBPUSD)

pound trading range is getting tighter and tighter. therefore a break out is imminent. lets hope cpi is in line and cable falls. uk inflation should be conservative as the pound has been strong even though oil prices high the dollar has been weak.

Cable Update (GBPUSD)

cable is trying to drop further but something keeps pulling it back!!!!

Cable Update (GBPUSD)

coming down!!!

Cable Update (GBPUSD)

down cable down!! give us a good christmas present!!

Cable Update (GBPUSD)

never mind QS you win some and u lose some.

Cable Update (GBPUSD)

support broken — not sure if my eyes are going funnybut i see that the support line for both weekly (20237) and daily charts has been broken!!

Cable Update (GBPUSD)

bearish chart — lower highs and deeper lows is a classic bearish chart. look at the charts for gby/usd what do you see?

Cable Update (GBPUSD)

i think you are right. it i tryng to reverse. i think cable has a lot of the CPI data already in its price and therefore if results are as expected or lower then cable will fall

Cable Update (GBPUSD)

strange tactics! — if news is better than forcast then surely u want to be long on gbp/usd!!

Cable Update (GBPUSD)

new to this thread. hi everyone — short on cable. dont understand why cable advanced after such poor housing market data. surely a reason to see rates drop early next year.

Cable Update (GBPUSD)