Little move down is expected on GBP today...prefer to stay aside because of 'slow' market today...will probably enter SHORT tomorrow. GL
Short... heavy (by my standards) @ 2.0427 no stop.... Market is in asshole mode. Something's gotta give.
The market should be pricing in the days data, the dollars sentiment should (imho) be bullish. The USD index is in oversold territory, and these highs are getting both boring and repetitive. Bring it back down to earth, the pound needs a bit of a pounding. Does anyone here agree with the sentiment?
Crazy market here...as it goes wrong with my system..will wait for situation to clarify! As I said yesterday STAY ASIDE...this is the best thing for now! GL
"asshole mode" - hahahahahah i was thinking along the same lines but could'nt put it as succinctly as you. GBP seems to be on mission impossible. anyway kudos to those who shorted and made money on it today.