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Only my markers were horizontal (my weapon of choice!!).
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OK, I admit that made me smile out loud.
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We got lower tops on the hourly going back a couple weeks & the fundamentals aren't exactly wearing a smiley face on the British economy of late, so I guess marking up that zone around 1.9925-50 was a fair option in my book? In my view we still got short-term downside momentum.
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Now 300 pips lower (and counting).
I know you look at zones of consolidation or perhaps "fulcrum" areas. Do you also work the various patterns, such as wedges, pendants and the like? See attached 240 GBP for July.
Also attached up to the moment GBP 15m post US weekly UE data, post MPC statement and while Trichet is speaking.