17th April - GBP Rocking
morning all nice selloff on the greenback usd so far london session ........ive been buying cable on dips ....EU ok as well at times .....a little EJ bull action as well ...see chart 1 just following the G8 flow as normal .... GBP is having a GREAT week so far ....GBP index is some 100 pips up already from sunday night !!!
the second chart is a simple FXCorrelator on a 20ma setting ...15 m charts look at how much time the RED GBP has spent ABOVE the Zero line ??that is a huge continued BULL signal to buy GBP in pairs (suggest selling currenccies into GBP that are below zero line)it can be that simple guys ....... N