Monday, March 9, 2009

GBP/USD falls

GBP/USD falls to a fresh 1-month low of 1.3940 after stops are triggered below support and recent low of 1.3960. Commerzbank analyst Steven Merrigan says next target is 1.3850, that being a 76.4% retracement of the 1.35-1.4975 rally.

No comments:

Post a Comment