The British pound managed to correct its falls very nicely. The upcoming week will be much more challenging: the fourth quarter begins with many key indicators, and a rate decision that will be closely watched. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Britain managed to distance itself from the worsening debt crisis in Europe and enjoyed the diversification of funds towards the sterling, that were proposed by the SNB. This week, a lot depends on the British fundamentals, which are somewhat worrying. GBP{/USD daily chart with support and resistance lines on it. Click to ... (full story)