BRI­TISH POUND – BUY­ING OP­POR­TU­NITY

Finweek English Edition - - Creating Wealth -

(spot price).

--19-02-09_cmyk Tech­ni­cally down, but over­sold.

Buy the Bri­tish pound/US dol­lar on any fur­ther weak­ness to­wards line 2.

an end. The price found sup­port at its 2001 low (line 2), while ac­cess to off­shore funds should switch out of the US dol­lar into the pound.

Traders sell short on a close be­low line 1 or near line 2.

which favours an­other drop to come.

Fur­ther po­ten­tial will be to R12.

R12 level.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.