Monday 28 April 2008

upwards: euro weakness may allow 2.01 only before/if a full eurgbp reversal taking to 2.04

780 holds support/divides

downwards: looking at new base round 600 for long position

Sunday 20 April 2008

bounce from 600-500 or testing lower 337 if not then
up to 2.0 again then down lower, poss 1.92, before reversal allowed by euro

9883-2.0 - lower means h/s top in place, or continuation to 2.01/2.05