Tuesday, October 14, 2008

Pound remains mixed

Pound remains mixed for the day. Job openings in London's financial- services industry tumbled 14 percent in September, the third consecutive monthly decline, according to a survey by recruitment firm Morgan McKinley.
tech view
GBP R1: 1.7620 S1: 1. 7390
R2: 1.7630 S2: 1. 7350
chart pattern shows the currency to give upside movement for the day. Trading range is expected between 1.7410-1.7580 levels for the day. Stochastic also indicates the currency to give upside movement for the day.

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