The Sterling (GBP) had a quiet day holding within a rare 100 pip range. EUR/GBP took advantage to break above 0.8600 and is threatening the long term downtrend. August Mortgage approvals dropped to 49k vs. 47k previously. Overall the GBP/USD traded with a low of… Read more
GBP Trading Outlook Archive
The Sterling (GBP) Trading Outlook (30-09-2010)
September 30, 2010The Sterling (GBP) Trading Outlook (29-09-2010)
September 29, 2010The Sterling (GBP) had a wild day with two way action after an initial rally in Europe was sold aggressively against the trend in the US on comments from BOE Posen that there was a very clear case for further QE in the UK and… Read more