DislikedGBPUSD finished US session BULLISH, probably will carry over monday, look for a short EURGBP trade for best results.
SM money buying GBP? It should be since GBP is in much better shape than most other countires if shit hits the fan.
Anycase I'm holding off from buying incase the downgrade pushes it lower next London.Ignored
EuroZone members are pointing fingers are UK asking why arent the brits downgraded when the fact is... by now brits should've been downgraded same as France...
Personally I'd Watch out and yes GBPUSD did not close bullish, it did recover however but thats only the kneejerk effect of some Large orders filled below 5270...
so im still cautious if i were to long...
We live in a finite world with infinite possibilities.