British Pound Technical Outlook

Published September 22nd, 2008 - 06:49 GMT
Al Bawaba
Al Bawaba

On Friday I wrote that “a push into the former congestion zone of 1.8510-1.88 is likely next week.” 



The 50% of the decline to 1.7443 is at 1.8647 and in the center of this zone.  Expect resistance near there