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View Poll Results: What impact will the Bank of England Rate Decision have on the GBP/USD?

Voters
14. This poll is closed

  • Send GBP/USD Higher!

    8 57.14%

  • Send GBP/USD Lower!

    4 28.57%

  • The rate decision will not have a significant impact.

    2 14.29%
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Thread: Discuss the GBP/USD with a DailyFX Analyst

  1. 05-04-2012, 02:12 PM #22996
    Howdyy
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    Quote Originally Posted by Alejandro Zambrano View Post
    Looking for the reversal - I hope you did not get triggered
    No, it did not fill. I just lowered the buy entry to 1.6188 and leave it over the weekend.
  2. 05-04-2012, 02:25 PM #22997
    Howdyy
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    Long term trend line resistance at about 1.6320.
  3. 05-04-2012, 02:39 PM #22998
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    Gregory McLeod
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    Thumbs up What are your ideas for a reader poll?

    What are your ideas for a reader poll?
    Trader, Gregory McLeod moderates the DailyFX Forum.

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  4. 05-05-2012, 01:08 AM #22999
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    fo a while maybe within 2 weeks..i hold my short positions to see how it works btw i also get ready to locking the profit if happenning next week. BUT for now it look like wanna heading down to my lower line
  5. 05-06-2012, 07:24 AM #23000
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    #GbpUsd daily

    http://shar.es/24nJN


    http://kutero.blogspot.com
  6. 05-06-2012, 04:48 PM #23001
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    Hello!

    I hope you are having a great weekend. I will be off tomorrow and back on Tuesday May 8 as its Bank holiday in the UK on Monday.

    Thank you
    Alejandro
  7. 05-06-2012, 07:31 PM #23002
    A.Refaat
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    GBP USD

    Hello everyone

    I wonder why cable does not respond to the free fall of eur usd

    Does anyone has an explanation
  8. 05-06-2012, 08:16 PM #23003
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    Cool

    Quote Originally Posted by A.Refaat View Post
    Hello everyone

    I wonder why cable does not respond to the free fall of eur usd

    Does anyone has an explanation
    Cable, Like the British Parliament, appears to be disassociating itself from the Euro. It is targeting 1.6500.........
    Never rush a trade. Make haste slowly.
  9. 05-07-2012, 03:11 AM #23004
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    Quote Originally Posted by Ikee View Post
    Cable, Like the British Parliament, appears to be disassociating itself from the Euro. It is targeting 1.6500.........
    similar view with 1.63, 1.64 and 1.66 as resis......
    support is coming round the mountain @1.61 monthly pivot and 1.60 respectively..... also mid term resis at 1.62 weekly pivot. i do see a small bounce from the pivot waiting to pop.....
  10. 05-07-2012, 07:20 AM #23005
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    Quote Originally Posted by A.Refaat View Post
    Hello everyone

    I wonder why cable does not respond to the free fall of eur usd

    Does anyone has an explanation
    French Elections, Spain, Italy, Greece and Portugal are 5 reasons why the Euro is lower, while the UK is looked at as a relative safe haven.
    Trader, Gregory McLeod moderates the DailyFX Forum.

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  11. 05-07-2012, 07:32 AM #23006
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    Quote Originally Posted by Gregory McLeod View Post
    French Elections, Spain, Italy, Greece and Portugal are 5 reasons why the Euro is lower, while the UK is looked at as a relative safe haven.
    At least till thursday when BOE should tell us more about QE (325B glass is empty - don`t forget)

    timewise - today`s low would be Hodwdyy`s ITD6 - ITD1top is due on 11th (12th?). There could still be a new high, but weekly bearish engulfing suggests that this may not materialize. SP500 futures have already confirmed SLTD top, but it is a cash market that matters here.

    edit: DXY weekly has a bullish engulfing pushed higher by kijun sen - and there is a gap on weeklies

    Patryk
    Last edited by fazi; 05-07-2012 at 07:37 AM.
  12. 05-07-2012, 08:40 AM #23007
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    Where Does GBP/USD Go From Here?

    Where Does GBP/USD Go From Here?
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  13. 05-07-2012, 09:00 AM #23008
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    fazi
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    Quote Originally Posted by Gregory McLeod View Post
    Where Does GBP/USD Go From Here?
    Hi Greg,

    Will there be a weekly SSI update this(past) week?

    Patryk
  14. 05-07-2012, 09:10 AM #23009
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    Quote Originally Posted by jogold18 View Post
    similar view with 1.63, 1.64 and 1.66 as resis......
    support is coming round the mountain @1.61 monthly pivot and 1.60 respectively..... also mid term resis at 1.62 weekly pivot. i do see a small bounce from the pivot waiting to pop.....
    resis turned support can be the start of a move higher........ SSI net short 3 to 1 GBPUSD.
    Last edited by jogold18; 05-07-2012 at 09:17 AM.
  15. 05-07-2012, 09:11 AM #23010
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    Quote Originally Posted by Gregory McLeod View Post
    Where Does GBP/USD Go From Here?
    UP UP UP!!!!!!
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