Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
GBP Trade Index 18-Year Chart
Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
Coins...yes (but only Krugerrands or US Eagles to SOME extent). Bullion has depository costs and other related nuisances. Why not consider the Perth Mint Certificates instead? It's just like owing physical gold (& you pay no depository costs)...and you can get the gold delivered as & when you wish!
Asad
Ashraf
If you don't mind, what form do you buy gold in? Bullion, coins, ETFs or certs?
Asad
Shaer, yes there's a good chance we see 1.67 and 1.6730. watch equities' reaction to German IFO and US GDP.
spec, 40% confident we will see 1.57 this year
Ashraf
Do you think that GBP/USD UP TO 1.67 Tomorrow
thanks for reply
1.0607 was 50 day sma has broken.next is 1.05 and 1..0425.
ashraf told choppy trading this week.
so average should be @1.05 and 1.0430.
i will hold position till 1.0392
regards
hmmalik
Joj, yes i do while resistance starts at 1.67. 1.69 remains very hard to break. but watch out for UK GDP revisions.
Ashraf