GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, November 22, 2016

GBP/USD: Sterling holding better than Euro against the Dollar

Moving averages are pointing to the south and upside recovery for the Sterling against the US Dollar is limited. 1.2585 is a top in the GBP/USD. According to Elizabeth Belugina from FBS, the UK economy is holding the Sterling after reporting better than expecting data; however, the data could not be enough.

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