Sterling extended its rally after reports that incoming Prime Minister Andy Burnham has decided on a fiscally conservative Chancellor. The Pound outperformed broadly, with the strongest gains seen against the Euro and Swiss Franc as both EUR/GBP and GBP/CHF broke out of established technical channels, suggesting investors are beginning to price a more durable revaluation […]The post EUR/GBP and GBP/CHF Channel Breakouts as Burnham’s Cabinet Choice Signals Fiscal Discipline appeared first on ActionForex.