JUST CHANGED MY MIND AS i FUGURED OUT GBP IS DUE FOR A HUGE DROP. THE EARNING FESTIVAL IS OVER IN THE usa AND IT'S TIME TO GET BACK TO FUNDAMENTALS. UL LOOKS TERRIBLY BAD AND HENCE IT'S CURRENCY LOOKS HEAVILY OVERVALUED. ONCE 15490 HIT NEXT SELL LEVEL 15550...THAT IS IF WE GET THERE. WE JUST BUILD UP A NICE SHORT POSITION DURING THE UPTICKS LIKE AS THIS MOMENT AND WILL ENJOY A HUGE MOVE DOWNWARD DURING THE COURSE OF THIS WEEK, CANCEL STOPS; THE RISK IS ON THE DOWNSITE. FOR THE MOMENT WE WILL SELL UPTO 5 LOTS STEP BY STEP AND TAKE IT FROM THERE
RGDS
PETER
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