Sterling Digest: March 27, 2012
- Posted by faithmight
- on March 27th, 2012
Weak economy, strong sterling. Go figure.
Sterling refuses to weaken even as economic data slips and members of the BoE still look to add more QE. The $GBPUSD continues to make higher highs at 1.5999 though still remains capped by the major 1.60 level. Even the almighty commodity dollars (AUD, NZD, and CAD) are weak against the GBP. Are we seeing the beginnings of a bear trend reversal in sterling?
- Why is the UK economy failing? (Marginal Revolution)
- GBPUSD Update (50′s Blog)
- GBP/USD 27 MARCH 2012 (FX DAILY FORECAST)
- GBPCHF Daily (MyPict)
- Charts, 2012 – Week 13 (Stoic Trading)
- EURGBP Daily (Screencast)
- Yen Pairs on Ichimoku 4 HR (Twitpic)
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Lydia Idem has been investing in equities for 16 years and actively trading currencies exclusively for 7 years. Her trading style is simple and short term. With a special feel for sterling, Lydia trades almost exclusively the GBPUSD and EURGBP. You can follow Lydia on Twitter and StockTwits... More » -
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