Posts by "jardi"

Dear Ashraf,

I posted my question on your Premium Twitter (a member) page, but got no reply, so I will repost here.

Could you please briefly explain (or at least comment on) the price action of the GBP/USD pair.

I would think that the GBP would naturally fall in a UK higher-than-expected inflationary environment (as well as with new QE actions) where there is no hope of an increase in interest rates due to a sagging economy, especially against the USD simultaneously in a "risk-off" environment; yet the pair rose, and quite aggressively. Is there something I don't see/know here? Any explanation would be appreciated from you views.

Thanks!

Jardi