cler_99
07-19-2005, 07:12 AM
Sterling faces a significant period during the subsequent 48 hours with all the Bank of retail sales data on Thursday England minutes Wednesday and GDP data on Friday. Pessimism might have been overdone and there's a instance of compounding brief positions, although Sterling is very likely to stay vulnerable to reasons and speculation within a competitive interest rate cutting coverage from the Bank of England.
Analysis provided by http://www.fxtoday.co.uk
Analysis provided by http://www.fxtoday.co.uk