So, we have reached an important point in the Sterling trend. At the current price it is trading at factoring the interest diferrentials, it would be hard not to suggest that we have likely been given the possibilty of collecting some sterling at a very very attractive offer rate. Further anticipation of interest rate cuts in the US could further fuel a cause for more upside of this currency. I’ll be looking to stream in to some entries from the lower time-frames.
