$2 To The £1? Not yet but soon? - Update

Posted on January 26th, 2007 by James Alliss.
Categories: Tips.

So far we haven’t seen the $2 hit this week despite the fact that everyone including myself though it may do.

It’s now 05:46am GMT and I’ve been up all night doing a night shift for my IT job. I’m looking at todays charts and I believe that if we see the GBP hit $1.9613 and also break through the 50% fibonacci retracement we should expect to see a sharp fall.

I will check this again tonight.

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