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

• Answer to Gold Chart
  by Ashraf Laidi | Mar 19, 2026 16:32
• This Gold Chart
  by Ashraf Laidi | Mar 19, 2026 13:31
• Beware of Fed Today
  by Ashraf Laidi | Mar 18, 2026 16:52
• السؤال الأول للمسابقة
  by Ashraf Laidi | Mar 17, 2026 13:05
• Brent and Crude Oil Technicals
  by Ashraf Laidi | Mar 13, 2026 16:37