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The Meaning of 1.38

by Ashraf Laidi
Nov 29, 2017 14:26

After crashing last year to $1.1840, a 31-year low (some prices suggest $1.1500), GBP is now up by 12%. The pound is the only currency in G10 FX to rise against the US dollar over the past 3 months. Will the pound recover above the $1.50 level next year?  Full analysis here.

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The Meaning of 1.38 - Cable Monthly 29 Nov 2017 (Chart 1)

 
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