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Posted by Rick on March 24, 2008, 11:38 pm
The British Pound is currently in a brief rally mode as prices have risen
for two plus days since making low on 3/20 last week.
The daily cycle for the Pound continues to point downwards, making the
current rally in prices likely a very short-term correction before prices
resume its downward direction.
The capping of this short-term rally is expected to end within 3/25-26, thus
producing a lower swing top and an opportunity to sell into the downside.
Cheers!
Rick J Ratchford
ProfitMax Trading Inc.
http://www.amazingaccuracy.com
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Commentary and Forecasts made are for EDUCATIONAL PURPOSES ONLY and are not
to be construed as a recommendation to buy or sell anything. All forecasts
and analysis are produced with the aid of FDates, dynamic daily/weekly cycle
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(AmazingAccuracy.com). In spite of the exceptional accuracy of FDate
analysis, the regulatory agencies require that you be aware that "past
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heavily leveraged. The potential to make large profits also includes the
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