Thread: Discuss the GBP/USD with a DailyFX Analyst

Originally Posted by AyoBro

Kiss of Death = a break in channel support then a retest as resistance.

KOD????????????????

GBP/USD Riding Trend Channel: Targeting 1.6460

Originally Posted by Gregory McLeod

GBP/USD Riding Trend Channel: Targeting 1.6460

Good looking target. Looking at the same area for a reversal. Pull back at minimum.

Initiated sell from 1.6560s

Closed my longs and have gone short now. Don't really see underlying UK strength in the UK Retails sales data. Quite the opposite. More a case of inflationary effects.

Looking for a pull-back towards 1.6320s in the next 24 hours. IMHO

Originally Posted by TAfool

Good looking target. Looking at the same area for a reversal. Pull back at minimum.

GBP/USD Daily Chart: Higher than Expected Retail Sales Fueling Inflation and Rate Hike Expectations

..is at 1.6642. Should be a pullback there for support at 1.6482. 1.6642 will not be the medium term high. You can work that out for yourself.

Traders are looking forward to CPI Inflation data from Eurozone, Australia as well as rate decisions from the Fed, New Zealand and Japan. Throw in consumer confidence and GDP announcements and you have the makings of a volatile trading week ahead so mark your calendars!

For a more detailed calendar including a list of live trading events, click here.

For access to real time news, click here

For a report analyzing fundamentals in relation to trends, click HERE

Good Luck in your Trading!

The Bank of England, through the Rothschilds, owns and controls the FED, which in turn controls Congress which in turn controls the US public.

In 1913, your members of Congress committed treason and violated their oath of office to defend the US Constitution against all enemies foreign and domestic by voting in the Federal Reserve Bank.
How did that happen? After previous attempts to push the Federal Reserve Bill through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. He had committed to sign this Act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Bill through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the Act. Later, Wilson admitted: "I have unwittingly ruined my country".

Previously, in 1879, your Supreme Court declared that the U.S. Government can legally issue United States Notes, debt and interest-free, just as Lincoln and Kennedy attempted. Assassination soon followed these attempts.

The bankers want you to fear runaway inflation by changing from a private central banking cartel that has created your debt and the taxes with which you are burdened. This is only true if you add dollars to the economy without added production, as they do. By issuing United States Notes, interest-free, you have less interest expense, and less taxes to pay for the debt they create through funding wars. With less taxes people spend more and buy more. This result is added production, and therefore, you can add real dollars without inflation.

Either the banksters will spend your tax money into the economy and pay dividends to the private shareholders of the FED, or you get to spend your own money by paying less taxes. Do you know where the TARP funds went?

I personally fear its too late, now. Once the dollar index touches 70 it can freefall to 50. I won't be sorry to see the end of that FED paper, with its horrible secret symbols, but what will follow can only be part of a globalist agenda involving oil, gold, currency and government.

hpdeskjet

does this mean we buy... or do we sell.....

What are you trying to say, it seems that you are angry....

hi guys although dollar is abit oversold wouldnt surprise me if pounds gets to 1.66-16800 area .ok i have a question slightly off topic but of interest to me, i keep hearing all the big boys positioning to sell us treasury bonds, how would i beable to do this? Im based in uk and i have 2 accounts igindex and fxcm ,is there an ETF for this? Hope one of you guys can answer this question for me.

Originally Posted by Blaiserboy

hpdeskjet

does this mean we buy... or do we sell.....

What are you trying to say, it seems that you are angry....

It sounds like a short dollar trade if I have ever read one.

GBPUSD Break Out of Fake Out?: Low Holiday Volume Moves are Suspect. We may have to wait until tomorrow or Wednesday to get more concrete price action based on normal volumes.

Originally Posted by pearsonian

hi guys although dollar is abit oversold wouldnt surprise me if pounds gets to 1.66-16800 area .ok i have a question slightly off topic but of interest to me, i keep hearing all the big boys positioning to sell us treasury bonds, how would i beable to do this? Im based in uk and i have 2 accounts igindex and fxcm ,is there an ETF for this? Hope one of you guys can answer this question for me.

Hello Pearsonian!

You can Click this link to find a very long list of what you are looking for

Originally Posted by hpdeskjet

The Bank of England, through the Rothschilds, owns and controls the FED, which in turn controls Congress which in turn controls the US public.

In 1913, your members of Congress committed treason and violated their oath of office to defend the US Constitution against all enemies foreign and domestic by voting in the Federal Reserve Bank.
How did that happen? After previous attempts to push the Federal Reserve Bill through Congress, a group of bankers funded and staffed Woodrow Wilson's campaign for President. He had committed to sign this Act. In 1913, a Senator, Nelson Aldrich, maternal grandfather to the Rockefellers, pushed the Federal Reserve Bill through Congress just before Christmas when much of Congress was on vacation. When elected, Wilson passed the Act. Later, Wilson admitted: "I have unwittingly ruined my country".

Previously, in 1879, your Supreme Court declared that the U.S. Government can legally issue United States Notes, debt and interest-free, just as Lincoln and Kennedy attempted. Assassination soon followed these attempts.

The bankers want you to fear runaway inflation by changing from a private central banking cartel that has created your debt and the taxes with which you are burdened. This is only true if you add dollars to the economy without added production, as they do. By issuing United States Notes, interest-free, you have less interest expense, and less taxes to pay for the debt they create through funding wars. With less taxes people spend more and buy more. This result is added production, and therefore, you can add real dollars without inflation.

Either the banksters will spend your tax money into the economy and pay dividends to the private shareholders of the FED, or you get to spend your own money by paying less taxes. Do you know where the TARP funds went?

I personally fear its too late, now. Once the dollar index touches 70 it can freefall to 50. I won't be sorry to see the end of that FED paper, with its horrible secret symbols, but what will follow can only be part of a globalist agenda involving oil, gold, currency and government.

Conspiracy theories like this are all over the internet these days. The villification of Mr. Bernanke and the Fed have almost reached a comical level, but its also sad in a way. In my opinion its really a form of anti Semitism since its reminiscent of the same type of old stereotypes that the Jews are involved in some international conspiracy to destroy the world.

possible quick move down this week