01 June 2010

EUR/GBP : The One That Got Away

  • Been tracking this with great interest for months. Yet for various reasons - frightened by volatility, full plate, trigger shy, looks like this is one that has run away without me. Had many opportunities to sell this above 0.87 (see weekly chart) but did not. No excuses. Addition to list of mistakes.
  • Bearish on all time frames now. (0.8347 now).
  • Will try to get short if we see this near 0.84. If not. guess it was just not meant to be.

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