Here We Go Again!

In an earlier post, I did some analysis on the Sterling/Swiss Franc. I also did a couple of shorts and, combined, I think I finished even. I was very skittish, because I wasn't sure if the Sterling was ready to come down. Now I think it will. Below is the daily (the weekly is down too):



The Bank of England is meeting on Thursday morning...and it's anybody's guess what they will cut interest rates by OR what they will say about the next time they meet. So, it will behoove us to look for a support breakdown...stay tuned for my numbers.