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0.00% 1.5065 australian dollar

Big move in the GBP/USD last nite.Suspect Euro to follow...

  1. intellimoney
    1,534 Posts.
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    02/12/08
    17:37
    Post #: 4565380
    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.
    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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