Sterling Pound Outlook: an update

Posted on September 29, 2009 by Ramki Ramakrishnan

We got the dip to 1.5768 and a strong rally that has reached 1.5980 at the time of writing. I think there is a chance for some selling at 1.6003, but the bigger resistance lies at 1.6079. From one of these two places, look for a sizeable move lower.

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About Ramki Ramakrishnan

Over 25 years of market experience that I would like to share with you through these pages. Check out the various links and see what interests you. Come back regularly for more. Tell your friends. Enjoy!
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One Response to Sterling Pound Outlook: an update

  1. luca says:
    September 29, 2009 at 4:19 am

    hihih dot Ram,
    same on eur usd ???? pls
    cheers
    __Luca

    Reply

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