Browsing: Sterling Pound

Fans of Eliott Wave analysis know that a trader has to be alert to correctly interpret new signals as they…

Nothing works like Elliott Wave analysis when it works!  The Pound has dropped 200 pips already. While we could expect…

All I can say just now is we got a nice 250 pip rally from the 1.6395 level, and that…

Whenever a currency or commodity or stock moves rapidly and too far, it sets itself up for a period of consolidation. As you are aware, Sterling has dropped like a stone from its peak, and after reaching its medium-term target of around 1.4570 (discussed earlier in this blog), the currency has been moving sideways. Today, it looks a bit better bid