Thread: GBP to hit $2?
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Old 12-17-2006, 07:14 AM
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I think the dollar is growing stronger. Starting in December, Bank of Japan normally buys large amount of USD while selling its Yen. From that point, everything is changing. EURUSD and GBPUSD is going down, while especially USDJPY is going up and will stay around 120-125 until end of April.

We should halt any long positions for now.

Last edited by scorpion : 12-17-2006 at 07:17 AM.
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