GBP/USD set to get further *pounding*

Charts are looking very very bad

I think there is a lot of traders betting on the continued political and economic disturbance in the UK from PM Brown and the plan to overthrow the bloody muppet!

Expecting a 200-300 pip profit by tomorrow's session close
 
Quote from T-Bone Trader:

Trend has reversed from 6/3 - the ROC was so fast and forecful that the med-long term trend is now so obviously down

A medium term up trend doesn't reverse in 2 days from the high, let alone a long-term trend.
 
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