Technical Analysis – Fri, 25 Mar 2016

Technical Analysis – Fri, 25 Mar 2016

GBP/USD risks falling under 1.41 Fri, 25 Mar 2016 08:09:05 GMT Source: Dukascopy Bank SA © Dukascopy Bank SA “Until the referendum takes place in June, we view the risk to our estimates of a weaker pound as standing to the downside, although we would note that the market is already starting from a net short position, whereas short cable became a more popular trade only around 10 days before the Scottish referendum in September 2014.” – Goldman Sachs (based on Business Recorder) Pair’s Outlook The Cable managed to recover…

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