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    • dswk replied Jan 25, 2007

      ok go back to business. I think the next US news (Existing Home Sales in 20 min), will be a strong key to get out of this boring sideway trading... Traders wait for this news to define the next direction, that is for sure...

      Daily Cable Analysis
    • dswk replied Jan 25, 2007

      An Eastern European name has been an active buyer of sterling once again this session, says a trader, with a particular interest in GBP/JPY. That cross is some 200 sen off the days lows, around 238.20, while cable in edging back toward 1.97.

      Daily Cable Analysis
    • dswk replied Jan 25, 2007

      Cable's decline from 1.9915 has developed into an impulsive 5-wave (Elliott) move and confirms a top is now in place, says JP Morgan. Now at 1.97 the bank says 1.9650 should offer very good support so a bounce to 1.9750-1.98 is feasible, but should ...

      Daily Cable Analysis
    • dswk replied Jan 25, 2007

      In 10 min... .:NEWS:. 10:00amCET EUR German Ifo Business Climate Index 10:00amCET EUR German Ifo Business Expectations Index 10:00amCET EUR Current Account Impact EUR.... but will impact GBP too... Let's see...

      Daily Cable Analysis