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

• Gold Jumps after New Attack on Fed
  by Ashraf Laidi | Jan 12, 2026 20:58
• Why I Bought Gold & Silver
  by Ashraf Laidi | Jan 9, 2026 16:53
• Beware of US Supreme Court Ruling on Tariffs
  by Ashraf Laidi | Jan 8, 2026 19:38
• Falling to 11 Percent
  by Ashraf Laidi | Jan 7, 2026 20:28
• Dollar Cannot Wait for Q1 to End
  by Ashraf Laidi | Jan 6, 2026 12:40