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 Sterling may Also Face Choppy Trading Today

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PostSubject: Sterling may Also Face Choppy Trading Today   Sterling may Also Face Choppy Trading Today Icon_minitimeTue Aug 21, 2012 11:36 am

Sterling may Also Face Choppy Trading Today


Quotes from Societe Generale Cross Asset Research:
-Sterling may also face choppy trading today, with the release of the PSNBR and CBI industrial surveys. The latter is likely to reflect weaker orders and output expectations, which would fuel the bearish trend on cable: the next support stands at 1.5623 (30D MA).


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