Author: Mark Sturdy

The Pound may not be sufficiently free from uncertainty to allow it to fully recoveruntil there is greater clarity about the economy’s ability to weather the current fiscal retrenchment. So corrections are possible before...

The FX Specialist view – Price action in the GBP/JPY cross was relatively subdued in the second half of 2010, although staying on the weak side. A recent bounce has again raised the prospect of a better recovery phase, but...

The Commodity Specialist view – Last year’s recovery in Soybean prices has so far continued in 2011. However, key resistance levels have now been approached on the long term chart which puts us on the lookout for a...

We think it could be Short Sterling . If Oil prices continue to rally, driven by a strengthening global recovery, incorporating a US economy in full recovery mode, domestic UK conditions may not be weak enough to offset these...

The FX Specialist view – A medium term bear signal in the EUR/GBP cross was given in the first half of 2010, with subsequent recovery finding good technical resistance last October. Renewed weakness now looks like the...

The Commodity Specialist view – After a pullback in 2010 found support from the 38.2% retracement the ensuing recovery returned to the area of the May high, but seemed temporarily reluctant to push decisively through. This...

The FX Specialist view – After last year’s downmove support has remained above the early Nov low. Following a rebound and correction the chart still looks well-placed to produce another upleg, before any...

The Commodity Specialist view – Last year was dominated by a bearish corrective phase which finally found good support from a Fibonacci level. Subsequent action has started to raise bulls’ hopes and we...

We judge the Dollar remains vulnerable against all the other majors with the exception of the Euro. But if the current small improvement in the data accelerated, the Fed might need to review its QE2 policy, only then would we...

The FX Specialist view – From this year’s May low a good recovery in GBP/USD has been seen, but bull fatigue is starting to show and the latest slip back is retesting first key support. A break of this would...