British Pound Testing Key Fibonacci Level

Hyerczyk, TraderPlanet.com — Tue, 31 Jan 2012 12:40:38 +0000

Optimism over a possible breakthrough in the debt restructuring negotiations with Greece sent the Euro higher overnight leading to spillover strength in the March British Pound. Coupled with the news that U.K. consumer confidence rose to the highest level in seven months in January, the British Pound soared to the upside during the European trading session. Due to its strength, traders are anticipating a higher U.S. opening.

Technically, after three days of sideways trading, the March British...

Protected: The Line in the Sand January 23, 2012

mbwealth, TraderPlanet.com — Sun, 22 Jan 2012 17:38:46 +0000

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TraderPlanet.com :: Commentaries tagged (british-pound)

British Pound Testing Key Fibonacci Level

Protected: The Line in the Sand January 23, 2012