FXstreet.com (Barcelona) - The Pound has rallied against the Dollar in the European session to withdraw afterwards, as Tony Juste, FX advisor at FXstreet.com explains it: Nice try. The unit rose to 1.9605, for a moment again trading above the projected line and breaking the downtrend line (15m) off yesterday's highs. But that was a mirage, and also a very good opportunity to short both Cable and Euro. According to Juste, the Pound heads south now: Bearish signals start to show, is confirmation next?
Join the Discussion