Saturday, March 14, 2009

GBP/USD powered through what I looked to see as resistance @ 1.40. Looking closer into it, the earlier spike and retracement off 1.3985 should have negated any expectations for a significant bounce off 1.40.


I was sleeping during the GBP/USD movement and didn't make the trade.

The EUR/USD never made it up to 1.30, where I still look to short it if we can get up there next week.