Unfortunately the June Pound did see a lower low overnight and it doesn’t appear as if global economicviews have suddenly improved and that could leave the Pound mired in a weak posture on its charts. Strangelyenough the Pound bulls might need to see something positive from US scheduled data to find and forge a solidbottom on the charts, as the Pound into the May highs was expecting distinct forward progress in the worldeconomy and the slide in May in the Pound appears to have been the result of a downshift in global growth views.
