Here is an update of my EUR/GBP chart. The flat the pair was forming may be complete at 0.8770 and a leading diagonal looks to have formed, beginning a new trend downwards. I have just taken a short position with a stop at 0.8760.
Thursday, February 4, 2010
EUR/GBP Flat Looks Complete
Here is an update of my EUR/GBP chart. The flat the pair was forming may be complete at 0.8770 and a leading diagonal looks to have formed, beginning a new trend downwards. I have just taken a short position with a stop at 0.8760.
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