The £ again

[DiscoStu]

So you are not going abroad on holiday any time soon then?

Nooo! I'll never be able to afford a cheap US shopping trip again!

Great minds

[Flashman]

So you are not going abroad on holiday any time soon then?

If the worst thing that happens to you this year is paying more for your holiday then you've had a pretty good year.

[Pickle2]

So you are not going abroad on holiday any time soon then?

I think his point was that there is the bigger picture to see here, rather than your two weeks in torremolinos BP.......

[BrilloPad]

I think his point was that there is the bigger picture to see here, rather than your two weeks in torremolinos BP.......

f**k that.

And I'll have you know this year I am going upmarket - its the Costa Brava for me.....

[SantaClaus]

Yes, I don't believe in TA either. It looks pretty in retrospect, except the bits where you needed it.

I'm making some very nice money from TA thank you very much

Just trade in the direction of the fundamentals, i.e. down for the pound and sell at confluence of fibonacci retracements, pivots, support/resistance.

Any run up is a selling opportunity

[SantaClaus]

Its sinking fast cap'n. Hold on to your martinis because the coctail bar of the Titanic will be the first to hit the iceberg.

On the GBPUSD, we will no doubt see the November low of 1.4558 before midday tomorrow. I am sure the markets are pricing in a huge interest rate cut.

After that, next stop 1.4070 and then the year 2000 low of 1.3680.

Looks like my prediction was correct

[Purple Dalek]

Looks like my prediction was correct

Yes, it's going down faster than a whore on a performance bonus.