Charts are looking very very bad I think there is a lot of traders betting on the continued political and economic disturbance in the UK from PM Brown and the plan to overthrow the bloody muppet! Expecting a 200-300 pip profit by tomorrow's session close
Any further rumor should scare the pants off the longs! Look at what happened this morning! Oh - the humanity...
Trend has reversed from 6/3 - the ROC was so fast and forecful that the med-long term trend is now so obviously down