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Forex Seasonality in the British Pound

Wednesday, 03 September 2008 16:25:45 GMT

Written by David Rodriguez, Quantitative Analyst

The British Pound has shown a fairly consistent bullish forex seasonal trend through the past 9 months of September, rallying in 7 of those months for an average of over 100 points. Our Senior Strategist’s technical forecast and forex futures positioning studies suggests that we will see a short-term correction in the GBPUSD—producing noteworthy rallies.

Forex Seasonality in the British Pound

 

FX_Seasonality_09-03-3

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