By Matt Shaw, 15 February 2012
Sterling is making heavy weather of its attempt to break above $1.59, says Matt Shaw at www.fixedoddssuccess.com.
Above that level, I would become a buyer looking for a move to $1.615 in short order. If I’m wrong and sterling drops instead below $1.575, I’ll go short. For fixed-odds trading, I’d do 'no-touch' trades on a move up through $1.59, targeting a 35 per cent return over two sessions.
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