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mikestockmarket
Oct 9, 2012 11:09 PM

Weak Pound - Weekly Chart, Don't Panic! Short

British Pound/U.S. DollarFXCM

Description

The Pound is weak, but look how previously it has held that original 50% fib level @ 1.52742.

I'll be keeping one eye on this larger time frame. Hopefully we will see a nice bounce before xmas or the winter may be a very dark and cold one for those of us here in the UK.
Comments
mikestockmarket
I am still in this....
mikestockmarket
Couldn't resist I got short @ 1.59908 stop at 1.62188
Sky
Agreed.
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