Monday, March 15, 2010

Gold Digger Alert: Potential Trend on Trend Action on GBP/USD

In addition to Bernanke's Big Moment on 16 March 2010, there are also numerous other high profile news announcements that could lead to some major trend on trend price action in GBP/USD, including BOE Minutes / Jobless Claims as well as US PPI on 17 March. Then, on 18 March, we have US CPI.

I am planning out a trade, but I'm just too Fraidy Cat! Pick a direction, any direction. LOL.

I reckon there are a few times in the year when we shouldn't be so Fraidy Cat and this is one of them.

Deep breath... and the hyperventilation begins!

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