MoneyTec Traders Community Forum - View Single Post - It seems to me that GBPUSD & EURUSD are ready for a nose dive

woodmarket · 24-08-2006, 15:09

Hi,

that is exactly my opinion. Too many upside failures though the US economic indicators have not been any good. If you also take into account the COT report, EUR-USD and GBP-USD are ready to dive. If this projection is correct, the first pair will meet 1.25 and GBP-USD will at least 1.84.

24-08-2006, 15:09	#2
woodmarket level 1 Join Date: Dec 2005 Posts: 23 Downloads: 0 Uploads: 0 Rep Power: 0	Re: It seems to me that GBPUSD & EURUSD are ready for a nose dive Hi, that is exactly my opinion. Too many upside failures though the US economic indicators have not been any good. If you also take into account the COT report, EUR-USD and GBP-USD are ready to dive. If this projection is correct, the first pair will meet 1.25 and GBP-USD will at least 1.84.