GBP/USD set to get further *pounding*

Discussion in 'Forex' started by T-Bone Trader, Jun 4, 2009.

  1. 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
  2. Any further rumor should scare the pants off the longs!

    Look at what happened this morning!

    Oh - the humanity...
  3. Trend for GBP/USD still decidedly up. What are u looking at?
  4. Trend has reversed from 6/3 - the ROC was so fast and forecful that the med-long term trend is now so obviously down
  5. A medium term up trend doesn't reverse in 2 days from the high, let alone a long-term trend.

  6. You obviously don't know anything about charts!
  7. Says who?
  8. how's those charts looking cutten?