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View Full Version : GBP Higher Ahead of Rate Announcements



sabanoor
06-05-2007, 09:54 PM
The pound also rose decently against the USD and other currency pairs on back of expectations that the MPC will be hawkish on Thursday. It broke has broken bear trend resistance from 4/18/07 at 1.9910. The break of 1.9960 could easily give scope for a test of 2.00+ within the end this week.

dangerous2010
06-05-2007, 09:58 PM
The pound also rose decently against the USD and other currency pairs on back of expectations that the MPC will be hawkish on Thursday. It broke has broken bear trend resistance from 4/18/07 at 1.9910. The break of 1.9960 could easily give scope for a test of 2.00+ within the end this week.

sm_cool sm_cool sm_cool


I am with u it is good point