Posts by "kam"

Hi Ashraf...I have finally joined your forum after following the forum and twitter for a few weeks and reading your book which i must say was as enthrolling as it was thought provoking.

In way of my first forex post on this forum, I would like to ask you of you opinion on GBPUSD. Do you still eye 1.53 in near term or has todays gdp put some doubt on it on actually reaching 1.53 or on timing of it happening? Personally i think the Q3 GDP has little relevance as all the action (referring to spending review) has occured since q3 and future at the moment looks bleak for or atleast very uncertain (which usually means bearish for ). So there is big disconnect between Q3 and Q4 onwards. Also noteworthy q3 gdp boosted mainly by construction and govt spending which surely is not sustainable simply based on the spending cuts let alone impact on consumption etc.