The £

[HairyArsedBloke]

Just wait and see. Another threat of the continued existance of the Labour party should send it plummeting down to 0.5000

FTFY

 

[suityou01]

FTFY

hadn't thought of that.

 

[TimberWolf]

So, where are we at the end of the week?

Unchanged is where we are.

: 1.5155
EUR/GBP: 0.8985

Still, it's a larf innit.

On Friday GBP/USD looked liked an object suspended by two elastic bands, one from above and one from below, with the equilibrium position set at 1.50000. Makes you wonder whether there isn't concerted inter-government co-operation to debase their currencies in an orderly fashion. And this week it wasn't Sterling.

 

[suityou01]

On Friday GBP/USD looked liked an object suspended by two elastic bands, one from above and one from below, with the equilibrium position set at 1.50000. Makes you wonder whether there isn't concerted inter-government co-operation to debase their currencies in an orderly fashion. And this week it wasn't Sterling.

Can think why they would do this. Unless it was some sort of coordinated move to push everything into some sort of single currency.

 

[Jog On]

I'm eying up these possible trades for next week based on the dialy charts:

EUR/GBP sell
GBP/CHF buy
GBP/CAD buy
GBP/JPY buy


All long GBP..... Technically they look OK, not sure if long GBP is a good idea yet though

 

[GreenerGrass]

I've decided the best way to play this is buying supermajor US oil stocks, so should gain from the currency movements but even if they stay static there should be a decent upside in the next 12-18 months as oil prices nudge up to $100. Looking at the graphs there is a good 20-30% potential even without currency gains.
Buffet is calling the bottom in US residential property, but even if their economy stays weak the oil men will still make money.

 

[AtW]

I'm eying up these possible trades for next week based on the dialy charts:

 

[Jog On]

Oh go and feed yer squirrels!

 

[Andy2]

so what's the prediction on GBP/USD front ?
I am soon opening a USD account with cater allen

 

[Jog On]

so what's the prediction on GBP/USD front ?
I am soon opening a USD account with cater allen

Staying out of GBP/USD and EUR/USD for the mean time