This is a copy of one of the pages on the national caravan council web site, right at the bottom is a link to the site with all the authorative information you need, it does seem to me from a little bit of "google" research that 98% of caravanners agree that you should not tow nose up, the caravan club also advice that towning nose up is incorrect, i still believe that i have seen a video some where which i think was produced by either swift or the explorer group showing how bad a caravan with a nose up attitude was.
One of the best things to do is when you drive your car next put your hand out of the window, with your hand level you will find that the wind has little effect now tilt your hand down to simulate a nose down caravan and your hand and arm will be forced down towards the road as a caravan would with the wind hitting the roof, now tilt your hand up and feel the air rushing under your hand and forcing your arm in to the air, same as a caravan would with the air rushing underneath on to that big solid flat piece of wood that is now acting like a wing, the caravan weight on the road is rediuced so is its ability to grip and so it becomes more unstable.
you can spend whatever amount of money you want on studies but the plain and simple fact is if you pull a big flat surface through the air with a bigger surface are at the front than the rear then that flat surface will rise up. think mattress on car roof, you dont ever see them flapping over the windscreen do you ? they are always bent double trying to lift off the car (unless it a old jacked up car with its arse in the air lol)
PRACTICAL TOWING GUIDANCE
Experience of towing is not essential for taking up caravanning. Any driver should soon find towing a caravan
both rewarding and pleasurable. If you are at all unsure, the Clubs offer towing and manoeuvring courses.
The caravan should always be towed either level or slightly nose down.
You should always build up speed gradually to get used to the different handling and braking characteristics
when towing. A caravan will alter the performance of the car and the driver will have to anticipate potential
hazards at an earlier stage. This experience will allow the driver to eliminate sudden speed and/or course
changes by using earlier anticipation to create a calmer and safer driving environment.
The speed at which a caravan is towed is very important. The aerodynamic forces that act on the caravan at
speed may tend to reduce the noseweight, increasingly as road speed increases. At a critical speed any loss of
noseweight can cause instability and this could occur at a lower speed when driving into a head wind. Gusting
cross winds, exposed bridge sections, valleys and proximity to large goods vehicles may also initiate aerodynamic
instability. Slow down, but do not brake, to return to stability.
Speed limits:
National speed limits Car Car and caravan
Single carriageway 60 mph 50 mph
Dual or more carriageways 70 mph 60 mph
Additionally, caravans must not be towed in the outside lane of a three or more lane dual carriageway or motorway.
A good reserve of power is necessary for towing up gradients at altitude.
http://www.nationalcaravan.co.uk/images/resources/Caravan_Towing_Guide_080805.pdf