Have been much involved in cable for months now, with mixed results.- This is a reminder to self to avoid this for now.
- Monthly is unclear.
- Weekly looks like forming a big range. Until we break down 1.5705, would assume that chart could end up looking much like the EUR/JPY.
- Conditions not right for trend trading.
- Apologies for another "nothing" post.
21 January 2010
GBP/USD : Stay Out
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