Comments on: Cable: Patience required for dip buyers

By: Sin

Sin — Thu, 10 Oct 2013 09:39:25 +0000

Sorry was away all avro. Thanks for sharing your thoughts, Sean 🙂

By: Sean Lee

Sean Lee — Thu, 10 Oct 2013 03:27:16 +0000

Hi Jack, I’m staying bearish on USD so my preferred pair to trade is GBP/USD. Otherwise I like EUR/GBP lower over next 6/9 months but plenty of patience required

By: JACK

JACK — Thu, 10 Oct 2013 02:31:24 +0000

Hi Sean, other than cable, what your view to GBP cross? like to AUD and NZD, both chart showing that heavy now, but I’m interest to buy low, just are caution that to pick the right level, it seen move too fast for daily, thanks

By: Sean Lee

Sean Lee — Thu, 10 Oct 2013 02:13:36 +0000

I’m bearish USD Sin, and while dips to 1200 are certainly possible, I prefer to wait and buy that dip

By: Sin

Sin — Thu, 10 Oct 2013 01:28:18 +0000

Hey Sean, any views on gold? Some hedge funds seem to be confident that it’s going lower (to ~1050-1100), do you agree with that analysis?

By: rahul

rahul — Wed, 09 Oct 2013 12:12:16 +0000

yes sean, todays ind prod numbers were a shocker..got out of my eurgbp shorts and look to buy dips if it clears 0.8500ish…atleast till the cable turns around..im looking to buy a bit at 1.5870 but i have a feeling it might go a bit further…if people percieve thhis pattern on the cable as a H&S…we could target 650 in the classical sense..but prob stop at 700.