Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
Looks like its making a go around here, currently 1.6130
Thanks to UK GDP missing expectations across the board...
short sterling is a bet on future interest rates . It is a short because zero interest has short sterling 100, 2% at 98 and so on. At present it is at 98.938 . One can trade this index but better use it as a forecast for GBP crosses.