The British Pound has rallied just a bit during the early hours on Monday, but it’s probably worth noting that the shooting star from Friday still loomed somewhat large. It’ll be interesting to see if we can continue to go higher, but I think at this point in time, we are entering that area where things might be a little overstretched.We’ll just have to wait and see how this behaves, but unlike some other currency pairs out there, namely the New Zealand dollar and the Australian dollar, there isn’t a ton of direct fundamental influence in this pair with perhaps the exception of CPI during the trading session on … (full story)
