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19 Sep 2014
Technical analysis out of the window for Stelring - FXStreet
FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet notes the nervous conditions surrounding the pound while the Scottish event is taking the stage in the Financial markets space.
Key Quotes:
“Market prices-in a NO winning in Scotland since early polls shown a little advantage on that side”.
“Technical analysis has little to do this Friday, will the upcoming moves dependant of the result of the referendum”.
“A NO has been mostly price in, with the pair probably adding 100 pips on the news; a YES however, will be a shock and the nose dive of GBP/USD can hardly be anticipated, but no doubts will exceed by long the opposite probable result”.
Key Quotes:
“Market prices-in a NO winning in Scotland since early polls shown a little advantage on that side”.
“Technical analysis has little to do this Friday, will the upcoming moves dependant of the result of the referendum”.
“A NO has been mostly price in, with the pair probably adding 100 pips on the news; a YES however, will be a shock and the nose dive of GBP/USD can hardly be anticipated, but no doubts will exceed by long the opposite probable result”.