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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
Germany appears to head for 2 Euros and... UK will join one, GBP will disappear ... soon after UK elections.
While this goes believe it or not there is a second question: what if?
Go for crosses i went short audcad
i posted that i was waiting for 1,5350 to be bounced from..
there are elections on thursday, volatility will be high..still can be>>>that mentioned level!!!
its too late to get on the short train..yes, u can, if u need to have a trade:-),,but its wiser to wait and be patient...
as well as with eur usd, aud usd and usd jpy...
im waiting for all of these to trade this week after the retracement...think fibo will help with EW..
Plenty of uncertainty between now and the election result move the pound (in either direction), IMHO, whatever the polls are saying. UK bank exposure to Euro debt (which I think Ashraf mentioned ages ago) has been highlighted to some extent in the media, and could yet add to the sterling "wobbles".
Good luck!
then , i hope so, it will be the ride to below 1,50regions..