The U.S. dollar remains the currency of choice as investors continue curb their appetite for risk, and a weakening interest rate outlook for the British pound favors a bearish outlook for the GBPUSD.
A look at some various 4-hour charts shows a stronger move against the trend. This is the time to be patient and wait for a sign that this counter trend move may be ending.
Inflation in the U.K. is expected to have eased in October to 4.8% from 5.2%. Although consumer prices will be well beyond the BoE?
Original post:
Identifying Trades with DailyFX 11.18.08 (Daily FX)
Original post:
EUR/USD Ready For A Big Move Tomorrow? (Daily FX)
Tue, 18th of November, 2008 By Setyo Wibowo (analyst@fxinstructor.com) EURUSD Outlook The EURUSD was corrected higher yesterday.
The British pound surged higher on Monday versus the US dollar and Japanese yen, but the move was more of a technical retracement than a fundamentally charged move.
The British pound surged higher on Monday versus the US dollar and Japanese yen, but the move was more of a technical retracement than a fundamentally charged move.
The British pound surged higher on Monday versus the US dollar and Japanese yen, but the move was more of a technical retracement than a fundamentally charged move.
The British pound surged higher on Monday versus the US dollar and Japanese yen, but the move was more of a technical retracement than a fundamentally charged move.
