COT 07/21

Published July 21st, 2008 - 10:35 GMT
Al Bawaba
Al Bawaba

Implications: Neutral




GBP: The 52 and 13 week indexes are at 47 and 92.  The analysis for the GBP is the same as that for the Euro; the short term index has increased significantly and the 52 week index is still relatively low.  Expect a pullback.