The 50 day moving average in the Pound sits up at 1.5389 and
An upside bid on the Pound charts suggests a potentially critical
The Pound is cheered by the Chinese stimulus move but also because
The Pound sits poised on a fresh downside breakout on the charts despite
In the week ahead, investors will be turning their attention to
The bull camp has to be very discouraged by the lack of recovery
The Pound remains mired in a large consolidation pattern because
In spite of recent lukewarm UK data, the Pound has been able to
Talk that the UK economy slowed its growth pace in the 4th quarter
GDP increased by 0.5% q/q in Q4 2014 which is somewhat below
The Pound has managed to hold its ground near the 1.5000 level and
In the week ahead, investors will be focusing on Friday’s preliminary data
