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Both Japanese yen and British Pound are slightly down this Monday morning, the first one a courtesy of
a bit worse than expected trade balance numbers published during Asian session. The pound just suffers the consequences of very bad data from the last week.
Not much movement is expected today amid low trade volumes and US holiday but in my view the pound is getting ready to slide lower to its critical levels o 1.2380-40. If that doesn't hold we can easily see 1.2200 this week. Probably not t…
a bit worse than expected trade balance numbers published during Asian session. The pound just suffers the consequences of very bad data from the last week.
Not much movement is expected today amid low trade volumes and US holiday but in my view the pound is getting ready to slide lower to its critical levels o 1.2380-40. If that doesn't hold we can easily see 1.2200 this week. Probably not t…