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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
A double dip in uk is extremely likely towards end of year.
Best Regards
KIDWAI
A hung parliament should be bearish for the economy as Labor would retain control of the premiership, along w/ their current (ineffective) policies!
Didin't you notice ~ two months ago when the GBP collapsed below 1.55 in a single day...because the news of a possible hung parliament had come out for the first time?
Since the market has now already priced the hung parliament in the GBP, I don't know if it would go down any further merely because of a hung result...
Asad
This was on Twitter and IMT
Another clear failure of 1.53 now leads to 1.5080
Ashraf
I remain short on cable, but I 'll attentive, your analysis is intersting!
i am 50 70 pips wrong on forecasting buying the dip at 1.5250 but i think the uptrend in cabl is still there
what u think
Does anyone know what would happen to the Gbp if there was a hung election. Is that Bullish or bearish
Thanks
Thanks