look for a breakout, page-23

  1. 1,534 Posts.
    Big move in the GBP/USD last nite.

    Suspect Euro to follow tonite.

    AUD is looking well supported from that 6350 support.

    Everyone is suspecting a retracement on many majors tonite but it could be a dull day as everyone takes a step back and decides where the USD is headed next.

    A trade or pair to follow atm is the EUR/GBP, up some 300pips last night and I have heard talk of it going to parity, the cross you need to follow to substantiate this move is the GBP/USD as it correllates with it.
 
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