Wednesday, November 11, 2009

CitiFX recommends buying pound against the dollar

Dealers report that the number of accounts with the readiness to use short-term capitulation of long positions for the resumption of buying a pound of about sixty-sixth figures in the hope that after a correction of the uptrend will resume and we will test resistance near $ 1.70. A similar point of view, in particular, the strategies CitiFX, reporting on what took Long pound / dollar (their positions were open at $ 1.6679) for the purpose at $ 1.6960 and a stop at $ 1.6550.

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