Whoa. Magic rule of the year 2007. Short the bucky and print money$$$$$$$$$$$$$$$
Back on planet earth we have the Eurozone interest rate and BoE rate decision today. We are playing it safe by stepping aside as the volatility can be dramatic and any dovishness from both King and Trichet can cause a far reaching sellof of the GBP and EUR.
(My friends in stocks are predicting an imminent selloff in all the major indexes. So be careful. Any sign of a $$$$ turnaround may cause massive carry trade unwinding as stocks also selloff)
Anyway the major trend and current trend is still long, confirming our bullish outlook.
Disclaimer: All statements and expressions in this analysis are opinions, and not meant as investment advice or solicitation. Forex can be volatile and opinions may change without notice
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