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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. 05-23-2012, 08:22 AM #23281
    root-minus
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    Quote Originally Posted by root-minus View Post
    *typo, was meaning buy at 1.56940


    sold cable at 1.57300 with add at 1.57330

    Attachment 128974


    closed most at neckline


    lower entry closed, stop to entry on add limit
  2. 05-23-2012, 08:49 AM #23282
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    GBP/USD Symmetrical Triangle May Be Waiting for 10:00 AM New Home Sales

    GBP/USD Symmetrical Triangle May Be Waiting for 10:00 AM New Home Sales

    Bullish target is 1.5823

    Bearish target is 1.5628
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  3. 05-23-2012, 08:54 AM #23283
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    Quote Originally Posted by Gregory McLeod View Post
    GBP/USD Symmetrical Triangle May Be Waiting for 10:00 AM New Home Sales

    Bullish target is 1.5823

    Bearish target is 1.5628
    The triangle might be symmetric - but if we take the overall downtrend into consideration I doubt that we will trade above 1.58
  4. 05-23-2012, 08:56 AM #23284
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    Quote Originally Posted by root-minus View Post
    Attachment 128974


    closed most at neckline


    lower entry closed, stop to entry on add limit

    Looks good. What is your traget? I am waiting for the news at 14:00 GMT - I would like to short close to 1.5775
  5. 05-23-2012, 09:01 AM #23285
    root-minus
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    Quote Originally Posted by Alejandro Zambrano View Post
    Looks good. What is your traget? I am waiting for the news at 14:00 GMT - I would like to short close to 1.5775

    my scalp tg was reached, the neckline - happy enough, market takes remaining positon at entry
  6. 05-23-2012, 09:21 AM #23286
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    Quote Originally Posted by root-minus View Post
    my scalp tg was reached, the neckline - happy enough, market takes remaining positon at entry
    Congratulation root-minus on your win. That's pipping and running in style!
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  7. 05-23-2012, 09:51 AM #23287
    root-minus
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    Quote Originally Posted by Gregory McLeod View Post
    Congratulation root-minus on your win. That's pipping and running in style!

    thank you for the comments
  8. 05-23-2012, 10:28 AM #23288
    root-minus
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    Quote Originally Posted by root-minus View Post
    Attachment 128933


    bullish flagpole



    hoping flag will still drop to 1.57940 for lower risk buy

    opened buy
  9. 05-23-2012, 11:03 AM #23289
    root-minus
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    Quote Originally Posted by root-minus View Post
    opened buy

    Attachment 129017



    scalp tg reached, secured position at nearest resistance
  10. 05-23-2012, 11:54 AM #23290
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    Quote Originally Posted by root-minus View Post
    Attachment 129017



    scalp tg reached, secured position at nearest resistance

    Attachment 129040



    reloaded lower
  11. 05-23-2012, 12:17 PM #23291
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    DailyFX Plus Speculative Sentiment Index for 5/23/2012

    DailyFX Plus Speculative Sentiment Index for 5/23/2012

    Hello Traders! Dollar and Yen retail bullishness continues which is a contrarian indicator pointing to more Euro losses.

    A better new home sales number from the US did nothing for risk appetite currency pairs.

    Have a great trading day!
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  12. 05-23-2012, 12:41 PM #23292
    root-minus
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    Quote Originally Posted by root-minus View Post
    Attachment 129040



    reloaded lower

    Attachment 129062



    earlier buy out at entry


    added again lower as price action suggested, bear momentum weakened towards low

    secured position
  13. 05-23-2012, 01:00 PM #23293
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    Daily FX Forum Quick Start Videos

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  14. 05-23-2012, 02:54 PM #23294
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    Just closed my short GBP/USD position - let hope this will not continue to drop overnight

    30 min time frame
  15. 05-23-2012, 06:10 PM #23295
    root-minus
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    Attachment 129126



    5MIN trendlines
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