March 15th, 2010 09:04:18 GMT

Resiliency gives way to reality

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So much for sterling resiliency.   Cable stops have been tripped through 1.5150 and we’ve quickly fallen to 1.5100, while EUR/GBP has rallied to .9090 having earlier fallen as low as .9047.   The early sterling strength was a little baffling given … Continue reading

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March 15th, 2010 06:22:04 GMT

Cable slips during Asian trade

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Cable lost a little ground during Asian trade, presently down at 1.5165 from a North American close Friday up around 1.5195.  EUR/GBP is steady around .9060. Given latest developments sterling is showing some resilience.  Latest weekend opinion polls continue to … Continue reading

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