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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
I think sadly enough GBP is about to become EU's anchor currency.
The empire strikes back: continent goes left hand traffic. Positive side effect: Merkel commits suicide.
http://www.bankofengland.co.uk/monetarypolicy/documents/pdf/govletter130807.pdf
GU violated previous count during the prevailing volatility. Now working on ABCDE corrective possibly eyeballing c.1.5550, below 5204 LOD would alert completion. Massive short squeese effect today
waiting for break of 5028... initial target @ 4500 then bounce back up to 5000 level b4 heading to 4000....