Daily Forex Technical Report - Sterling Remains Weak in Otherwise Mixed Markets |
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Action Insight Daily Report Sterling Remains Weak in Otherwise Mixed Markets The forex markets continue to be generally mixed this week without follow through buying or selling. The exception is Sterling which remains pressured in particular against yen and euro. Note that GBP/JPY is now trying to get rid of 199.78 support level while EUR/GBP is now back above 0.8 level and is set to take on recent high at 0.8098. UK Gfk consumer confidence unexpectedly improved from -39 to -36 in Aug. There
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