Tuesday, April 17, 2007

Brutish Death Of British Pound

Dear Readers, British pound is entering a minefield bigger than any war has even seen. The death numbers are 2.05 to 2.10. Parabolic move into it is only one clear signal that it has had it. Higher numbers, while in the realm of possibility, not probable. They are 2.16, 2.23, 2.26 ... Good Trading

2 comments:

Ivan said...

Dear Boris,
what level of USD/GBP do you expect for August/September?
Thanks

boris said...

Dear Curaki, too early to speculate about that, but stay tuned. In general anything upto 7-10% correction would not surprise me. But first thing first. One must let it turn. Good Trading