Pound Versus Dollar and Franc June 8th

FX Strategy Video > Currency Pairs Analysis

The GBP/USD pair looks strong after the Tuesday session, but the 1.65 area lies just ahead. Because of this, we will be watching the pair for clues to either a pullback and consolidation between 1.65 and 1.63, or a break out. The GBP/CHF pair popped on Tuesday, and looks like we may be getting a pullback in which to reload the sell positions.

Published on 7th of June 2011
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