Why GBP is Far from Oversold?

by Ashraf Laidi

Feb 20, 2013 15:11

We will not restate the usual fundamental & technical factors cited in every blog on why GBP is falling because those were mentioned in our Premium service 6 weeks ago. In fact, all 4 GBP shorts agaist USD & EUR hit their targets over the last 8 days. Instead, here is a chart on why GBP sorts are far from their 2010 highs. Remember what happened in May 2010? See here for more detail

Latest IMTs

• 21 and the Temporary Pause
  by Ashraf Laidi | May 18, 2022 16:18
• ندوة مساء الثلاثاء مع أشرف العايدي
  by Ashraf Laidi | May 16, 2022 16:57
• 3850 11690 31220 and the rest
  by Ashraf Laidi | May 13, 2022 20:03
• From Flation to Stag & Back
  by Ashraf Laidi | May 11, 2022 19:36
• Wilting Indices, Patterns, FX and Bitcoin
  by Ashraf Laidi | May 6, 2022 18:37