Wednesday, February 8, 2012

GBP/USD on 8-Feb-11 Wed

GBP/USD has been going up nicely, breaking resistance by resistance, and my temptation to short is getting higher...

However, with BoE actions (additional bond purchase) and official bank rates announcement tonight at 9pm... I doubt the market would reverse and correct down.

Still patiently waiting for short term correction,
I am whispering: Divergence, can you please form in 30 minutes chart? ^__^
I m waiting.



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