The Meaning of 1.38

by Ashraf Laidi

Nov 29, 2017 14:26

After crashing last year to $1.1840, a 31-year low (some prices suggest $1.1500), GBP is now up by 12%. The pound is the only currency in G10 FX to rise against the US dollar over the past 3 months. Will the pound recover above the $1.50 level next year? Full analysis here.

Click To Enlarge

The Meaning of 1.38 - Cable Monthly 29 Nov 2017 (Chart 1)

Previous Next Archives

Latest IMTs

Gold or Silver?
by Ashraf Laidi | Jan 23, 2026 17:42
40 on the Mint Ratio
by Ashraf Laidi | Jan 23, 2026 11:27
Trump's Golden Hit
by Ashraf Laidi | Jan 22, 2026 10:58
4890 Hit, Now What?
by Ashraf Laidi | Jan 21, 2026 11:34
Gold 4850 No Change
by Ashraf Laidi | Jan 20, 2026 9:48

Subscribe to Ashraf's Newsletter

Name:

Email:

Latest Hot-Chart - Jan 22

EURGBP Channel Test EURGBP is on the cusp of a channel breakout. One of the least well known secrets is how this pair correlates with major equity indices. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..