Home arrow Traders Forum
English

gnuTrade Traders Forum

 
Hman74
User
Fresh Boarder
Posts: 2
graphgraph
Karma: 0  
Pound to fight back? - 2008/09/11 03:23 After the expected rally back up to 1.77 and beyond, could we see the GBP/USD return to 1.85/1.88 within the next few weeks?
  | | The administrator has disabled public write access.
Rodney
User
Platinum Boarder
Posts: 212
graphgraph
Karma: 8  
Re:Pound to fight back? - 2008/09/11 20:28 Hi Hman74, welcome to the forum

Though the American economy sometimes gets a boost just due to mere announcements from its Central Bank or Federal Reserve, it is still trying to recover, so I guess we will soon see the Sterling again over 1.8 at least.

Cheers!
  | | The administrator has disabled public write access.
Hman74
User
Fresh Boarder
Posts: 2
graphgraph
Karma: 0  
Re:Pound to fight back? - 2008/09/11 22:27 Thank you for your reply. Yes, technical analysis seems to point at a return to 1.8 - 1.85 again by end of October at least? There is a potential to buy the pair now.
  | | The administrator has disabled public write access.
Alexander
User
Platinum Boarder
Posts: 333
graph
Karma: 7  
Re:Pound to fight back? - 2008/09/12 20:23 Hi Hman, thanks for your contribution. Though I'm more into short term trades, I would definitely consider the information you posted here.

Hope to see you often here

Have a good weekend!
  | | The administrator has disabled public write access.
NO under 18'sMoneybookersCyberluck