EURGBP--Sunday Afternoon, April 5, 2009
Not as sure as I once was that this is a valid pattern, but not quite dead yet.
Would have been a lot more confident if that bottom around the 1.272 level had held.
Can the correction we have seen the last few weeks be visualized like this:
Or will it ultimately look more like this:
In any event, can anyone give me a fundamental reason the GBP is gaining against the euro?