Will the GBP ever come back?

Posted on Wednesday, March 10th, 2010 at 11:14 am.

If you have been watching the GBP currency pairs, then you have probably been teased like I have. Not only are these markets overextended, they have yet to make moves back to correct that. I have been getting antsy looking for opportunities to go long on these pairs and bank in 1000′s of pips, but they have not given that signal yet. I can only speculate as to when and how they will begin their moves back, but given the situation in Europe and Britain, as well as the situation here in the US, we don’t really know when these will commit. Until then, come get some forex education with us in the chart therapy sessions, gain the knowledge and insight you need to become a full time currency trader.