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GBP/USD hit $2.00! GBP/USD hit $2.00!
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Old 04-17-2007, 11:23 AM   #1 (permalink)
RebateFX
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Default GBP/USD hit $2.00!
Well, it's happened. After a long period of rumours about market manipulation and a reported 2.0 1 touch option worth $3billion, g/u has touched 2.0.
Many would say it has to come down now, but I think not.
With CPI coming in at 3.1, that puts a lot of pressure on the BOE to hike rates again.
Looks like UK holidays are set to get even more expensive for Americans.
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Old 07-20-2007, 10:35 AM   #2 (permalink)
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how do you know that gu gonna up again?
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Old 07-20-2007, 09:51 PM   #3 (permalink)
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Technical and Fundamental analysis. Well, I was right wasn't I?
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