Thursday, April 23, 2009

GBPUSD: A Drunken Sailor

The cable, as the GBPUSD is called, looks like drunken sailor.

The chart is all over the map, with massive daily swings lined up one after the other all over the place.

There are some pips to be made in there!

I'm not generally trading the GBPUSD, but I'm going to put a few moments into figuring out whether my AUDJPY chart set up seems applicable.

It's hard to resist all that volatility.

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