DislikedI was looking for an excuse to close my long and go short, and I found it. Bollinger Bands, very accurate in the past for this pair, show a short entry today at closing. Short 1.0470, Stop 1.0540, (all prices Sept. 07 Futures) if it goes higher then Stop, it will likely continue higher.
Bigger image at http://members.aol.com/f8222/gbp.jpg Good luck to all. Soros, come back, what goes up must come down.Ignored
see you @ 4:30am GBPGDP q/q (p)
Pipology 101 student