Over the past few trading days, the British pound has been confined to a very tight trading range. The following chart illustrates the predicament that GBP/USD traders find themselves in right now and I believe that the breakout will be to downside with the GBP/USD testing 1.60 in the near term.
This morning, [...]

Posted in 2009 gbpusd forecast, British Pound, S&P, forex blog 11 Comments »

At the beginning of the year, I said my New Years resolution is to blog more so here I am trying to stick to it as much as possible.
You probably don’t know that I am a big fan of skiing but I love the exhilaration of being on the slopes and being outdoors [...]

Posted in Kathy Lien, forex blog 5 Comments »