Think GBP will go up to 2.000 sooner than I thought. Positive reversal forming on 4hr which is suprising to me. All of the dollar positive sentiment that I have had has meekly driven down the price to 1.9515(Surely a bullish signal for the pair). If this low holds throughout the remainder of the day, which it should, I think there will be a great opportunity to go long the pair throughout the rest of the week. Also think new home sales will come out miserably low tomorrow due, not only to the evolution of the economic environment, but seasonal factors as well. It will be interesting to see how the market reacts to this news. Good luck to you all.
Man who scratches ass should not bite fingernails