GBPUSD looks like it is close to target so with Greece and other countries weighing on the €, maybe £ will start to outperform again vs Euro.
Thursday, February 25, 2010
EURGBP
Well this went further than I thought..BUT like the AUDUSD chart from 23/02/10 AUDUSD the negative divergence set up is looking better with a new high and RSI flat. And the STOP for a short is close by so RISK/REWARD looks good as well.
GBPUSD looks like it is close to target so with Greece and other countries weighing on the €, maybe £ will start to outperform again vs Euro.
GBPUSD looks like it is close to target so with Greece and other countries weighing on the €, maybe £ will start to outperform again vs Euro.
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