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Excerpt from:  Forex Analysis
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June 24, 2008

Sterling Attempting a Comeback in Currency Trading

UK pound gains in FX trading
The UK pound is gaining this morning in FX trading on the currency market. Right now, the sterling is attempting a combeack in currency trading, and it is getting a boost from experts in Elliott Wave theory. Bloomberg reports on the UK pound in FX trading:

``Daily momentum turned higher with the recovery from the key wave and triangle base line support at $1.9340,'' according to Edgeley, referring to Elliott Wave Theory and a triangle pattern on the charts. Support is where buy orders may be clustered.
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PermalinkUK Pound in FX Trading
.Currency trading on the FX market
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Topic Tags:  currency market, Elliott Wave, forex trading, FX trading, FX trading currency market, sterling currency trading, UK pound FX trading
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