Friday, January 21, 2011

And about the Pound Sterling

I had a post this morning regarding the movement in the dollar and euros in the last couple of weeks. But one currency flying under the radar screen is the Pound. It has bounced even higher than the euro and has breached resistance level.


The $1.59 line should not act as support! All thes austerity measures seem to be paying off - unless you are an exporter!

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