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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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redstone
bristol, UK
Posted Anonymously
14 years ago
Mar 16, 2010 19:49
your right everyone bearish on cable xcept goldman. im baffled !
nathan
nelson, New Zealand
Posts: 10
14 years ago
Mar 16, 2010 19:43
on a longer term trade I would love to sell sterling and buy USD as it seems like a certain bet, however I have been burnt before doing this and it worries me that everyone (except goldman!) is bearish on the pound. Seems like the forecasts are between 120 and 140 to hit this year, who thinks the lower end of this scale is possible??
redstone
bristol, UK
Posted Anonymously
14 years ago
Mar 16, 2010 19:38
after that fomc statement cable should easilky head to 155 as i mentioned earlier or ?
PureStones
Korea Sout
Posts: 67
14 years ago
Mar 16, 2010 14:18
Cold watch your quick stroke clothing. thanks pre FOMC analysys ashraf!!!
speculator
Posted Anonymously
14 years ago
Mar 16, 2010 11:41
doubt 1.52 unless dollar index falls below 80.

the way i see it is dollar index has been directionless and very tightly rangebound since early feb. there is bound to be a sharp move very soon. lots of us/uk news coming out this week so it could be a directionally crucial week for the dollar.
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 16, 2010 11:18
anyone think we can get back to 1.52 today?
redstone
bristol, UK
Posted Anonymously
14 years ago
Mar 16, 2010 10:33
economic opinion website
wolf
Melbourne, Australia
Posts: 82
14 years ago
Mar 16, 2010 10:30
who's the market oracle?
redstone
bristol, UK
Posted Anonymously
14 years ago
Mar 16, 2010 10:07
hi spec. yeah market oracle calling 155 in cable now before eventual 140. mindboggles.
speculator
Posted Anonymously
14 years ago
Mar 16, 2010 9:17
the uncertainty around sterling is immense and this can only possibly go away after a good election. Of course the new government could end up being perceived less than ideal which could trigger new multi year lows. But the question remains...what's currently priced in sterling for cable?? Low risk, medium or high? If we are already high risk then you could presume we wont be seeing much lower levels. But i think we are medium risk as on the whole there are lots of Sterling bulls.
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