At the moment EurGbp is at 0.7983. It has turn down and slowly gathering momentum to continue its journey down hill. Anyone care to join the journey? Its a slow and steady journey if you follow EG.
GU has turned up. Unlike EG, GU is full of swing and spikes. Those swing and spikes will kill those who do not ready for it. Trade carefully but trade up hill.
GJ aslo has turned up and like GU it has even nasty swing and spikes. At the moment I fear that GJ will has one more swing down before making its way up again. Trade carefully but trade up hill.
GbpChf also turned up hill. Just follow it but beware of swings and spikes. All Gbp pairs have them.
Slow and Steady she goes
Friday, April 11, 2008
