Cable gets lift into 11:00 GMT fix

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Amid the talk of HSBC dividend payment interest.

We’re at 1.6060 having been as high as 1.6067.

Re Pete’s orderboard,  1.6069 is fibbo resistance, being 50% retracement of 1.6309-1.5829 fall.  Around same area, resistance 1.6070/76 being cloud top/trend line resistance.

Above there talk of 1.6100 barrier option interest. No doubt defensive sell interest lined up infront of that.

2012-12-03T10:44:35+0000

All|Europe|Forex Orders|Market Rumors|Regions

GBP/USD

Gerry Davies

5 Comments

  1. I’m trading the goal posts on CABLE. I’m smoking yen short on that trade..
    It’s time to lay the wood/

  2. Clear money in the pocket hint it was. Worth now 20 pips and counting with stop 10 pips
    Thanks

  3. Morning Gerry ,Pete well done again :) Big co paying dIV”s does just think if they get some of these apparently immoral big guys to pay a bit of tax the Pounds gonna fly lol, atvb Chris2

  4. morning Chris, good result for the hammers sat, ( unlike the gooners!)

  5. Morning Pete yes lucky that, Big Sam said Chelsea paid the price for not finishing us off, Sam’s fair as ever. Same story for Arsenal I suspect if they had of scored any of there many chances :) that’s football Pete atvb Chris2

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