The Musings of Faith

Will USD Weaken Into The New Year | StockTwits FX

fmfx:

My article for StockTwits at the beginning of the last trading week of 2009. It presents a contrarian view to the current down trend in the GBP/USD. Although I am a long term GBP/USD bear, I also see several technical developments that point to a possible rally in cable that could take price to the 1.6100 level.

The shortest article I’ve done for StockTwits. With holiday trading still in full swing, I wanted to state some technical developments to keep an eye on but with thin markets anything can happen.




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