To use chat, please login.
Back to contacts
snapdragon1970 (snapdragon1970)
Jul 05 2016 at 10:14
1944 сообщений
Despite concerns regarding Italy’s banking crisis and the potential for the rise of euro-sceptic political parties, the single currency advanced versus nearly all of its major peers.
The appreciation can be linked to the combination of positive domestic ecostats and traders taking advantage of the Euro’s comparatively low trade weighting.
Meanwhile, the British Pound continues to struggle after domestic data showed Business Confidence slumped.
8490 got hit earlier,a short position looks likely back down to 8400,tight stop losses are the key here.

snapdragon1970 (snapdragon1970)
Jul 05 2016 at 17:26
1944 сообщений
8540 was knocked out,stuck at 8500 for now,8490 looks like support medium term.

mlawson71
Jul 06 2016 at 08:51
1487 сообщений
The pair reached 0.8620 today, I don't think that the move to the upside is over for now.

mlawson71
Jul 07 2016 at 08:51
1487 сообщений
Or maybe it was over for the moment, considering that it has stalled there.

snapdragon1970 (snapdragon1970)
Jul 07 2016 at 15:48
1944 сообщений
Looks like GBP/USD is heading back down to 1.2800

mlawson71
Jul 09 2016 at 10:00
1487 сообщений
Perhaps. It's just consolidating sideways for now, but that also means it's not bullish at all.

snapdragon1970 (snapdragon1970)
Jul 09 2016 at 15:28
1944 сообщений
Two areas I will be watching 1.3010 and 1.2907,yeah just going sideways waiting for a breakout.

mlawson71
Jul 10 2016 at 10:48
1487 сообщений
snapdragon1970 posted:
Two areas I will be watching 1.3010 and 1.2907,yeah just going sideways waiting for a breakout.


What do you think about EUR/GBP? Do you think it will continue rising?

snapdragon1970 (snapdragon1970)
Jul 11 2016 at 14:13
1944 сообщений
My view:GBP has to depreciate more to remain competitive,if you read BOE Carneys speech you will get the full picture,there's a 50% chance of UK slipping into recession according to Reuters. 1000 top lawyers signed a petition in London, doubt about the legality of the vote.

mlawson71
Jul 12 2016 at 08:47
1487 сообщений
snapdragon1970 posted:
My view:GBP has to depreciate more to remain competitive,if you read BOE Carneys speech you will get the full picture,there's a 50% chance of UK slipping into recession according to Reuters. 1000 top lawyers signed a petition in London, doubt about the legality of the vote.


I read about the petition. Who knows whether it will work...

Чтобы оставить комментарий, необходимо войти в систему.