gbp outlook

Daily Technical Outlook On Gbp/usd By Acetrader

Updating time : 16/07/2008 00:36 GMT GBP/USD - 2.0053...Cable rallied to its highest since May at 2.0162 y'dayon dlr's broad-based weakness n also stronger-than-expected CPI n RPI data whichimplied that the BOE wud refrain fm cutting interest rates in order to combatinflation, however, the British pound retreated later in the day to 2

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Intra-day Usd/chf Outlook By Acetrader

Updating time : 03 Nov 2008 07:50 GMT Current strg rebound confirms an intra-day lowhas been formed at 1.1475 n consolidation with up-side bias remains for gain to 1.1600 but break of 1.1634 is needed to signal upmove fm 1.1200 has re-sumed twds 1.1688. Raise long entry with stop as indicated, break wud risk 1.1490 but said sup shud continue

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Intra-day Eur/usd Outlook By Acetrader

Updating time : 26 Aug 2008 04:28 GMT Euro's cross-inspired selloff to 1.4704 suggestsre-test of y'day's low at 1.4696 wud be seen afterconsolidation n below there wud extend near term decline fm 1.4909 to 1.4670/75 b4 prospect of a bounce due to 'loss of momentum'. Incline to sell on recovery stop as indicated,abv wud risk

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Weekly Technical Outlook On Usd/chf By Acetrader

Updating time : 03/11/2008 00:25 GMT USD/CHF - 1.1560... Dlr hit a one-year high at 1.1748 last month (Oct 24)b4 retreating to 1.1200 on active cross buying in chf (the flight to safety ledeur/chf to decline to a record low at 1.4300), however, the greenback rose again to 1.1688 (Friday's high) as traders covered their short positions n

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Intra-day Gbp/usd Outlook By Acetrader

Updating time : 20 Oct 2008 07:22 GMT As cable's upmove has gathered momentum, suggesting erratic rise fm 1.7136 low remains in progressn gain twds 1.7525/35 wud be seen, however, o/bot condition shud limit upside n reckon 1.7575/80 wudhold fm here. Raise long entry with stop as indicated, breakwud risk 1.7400 b4 up...Range Forecast+1.744

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11:03 Gmt November 14th Eur/usd Outlook

Euro Outlook 11:03 GMT November 14thTechnically, the recovery yesterday to 1.2857 saw the 21-DMA line once again tested. However, this line has again rebuffed the advance and the price has pulled back to pivot the 10-DMA line at 1.2727. The 21-DMA (now at 1.2823) will remain key to further topside action, as EUR/USD has not traded above this line

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Intra-day Usd/jpy Outlook By Acetrader

INTRA-DAY USD/JPY OUTLOOK: 96.71Updating time : 17 Nov 2008 01:26 GMTDlr's rebound fm 95.87 (Aust.) in part due tocross unwinding suggests an intra-day low has beenformed n risk is seen for gain to 96.90/00 n possi-bly 97.30, however, abv 97.76 is needed to signalretreat fm 98.30 has ended.Exit intra-day short n stand aside. Below

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Intra-day Usd/jpy Outlook By Acetrader

INTRA-DAY USD/JPY OUTLOOK - 90.87Last Update At: 15 Dec 2008 02:20 GMTDespite intra-day bounce fm 90.49 to 91.35,dlr's subsequent retreat on cross unwinding in yensuggests further consolidation below NZ high at 91.99 is in store n break of 90.49 wud extend weaknessto 90.10/20 b4 rebound later.Abv 91.55/60 wud signal upmove fm last Friday'sl

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December 16 Eur/usd Outlook

EUR/USD's strong rally from 1.2549 extended further to as high as 1.3736 so far, just inch below mentioned 1.3768 cluster resistance. At this point, further rally is still expected as long as 1.3430 minor support holds. As discussed before, sustained break of 1.3768 cluster resistance will indicate that whole medium term fall from 1.6038 has po

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Sterling Slides After Downbeat Outlook for UK GDP

The pound sterling is relatively weaker after a slight downward revision to fourth quarter GDP, along with comments from the Bank of England's Chief Economist expecting more of the same in Q1.UK fourth quarter GDP was revised to a 1.6% contraction despite expectations for no change to the preliminary 1.5% decline. Meanwhile, Bank of England Chief Economist Spencer Dale has he expects Q1 GDP results to be similar to those of Q4, but he added that large

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