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Cable strength impresses but the big hurdles remain

ByAdam Button

Apr 18, 2016

Pound nears downtrend resistance
The pound is the top performer today and traced out a bullish engulfing candle. That’s a positive sign in the near term but it will need to string together a couple more strong days to inspire a trend.

Related posts:

  1. United Kingdom Feb Industrial Output Yy Decrease to +0.1 % (fcast 0.4 %) Vs Prev 1.3 %
  2. US planes and Destroyer USS Farragut responded to distress call from ship in Iran waters – Pentagon
  3. Chile Peso Seen at 615 Per Dollar in 2 Months – Cenbank Poll
  4. U.s. Non-Seasonally adjusted Foreign Financial Commercial Paper Outstanding Rises $4.5 Bln in may 27 Week – Fed

By Adam Button

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