Monday, 20 April 2009

GBP - INTERESTING

Hmmm...something interesting is happening to the GBP...i need to see how we close today... all the GBP pairs look very weak...Call it early warning but i had to take a hit on some of the GBP pairs...i could be wrong...but the daily close on the pairs will reveal all...
Something not quite right with these moves....feels very much like we are being suckered into selling GBP?....

I'm really am not just buying this...i would not stay in any GBP trade unless you got in very early...i suspect before the end of the US session 78% of the down moves will be reversed (Famous last words)

Not a good day so far but lets see what the end of the week reads.

The theme today seems GBP - weakness, USD - strength, EUR Strength.


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