Sometimes it’s really hard to write a post about a topic I wrote so many times before. I’ve just recently posted an update on the USD view focusing on the EURUSD pair. Even though I am writing about the pound sterling today it goes hand in hand with the bearish US dollar thesis because the cable is arguably the most important GBP pair.
Two weeks ago I tweeted “Anyone else thinks this is likely? $GBPUSD” suggesting that I am expecting a resolution higher in price. Continue reading “The bullish pound sterling?”