British Pound. Has it bottomed? What do you think?
Giant hammer then what? Some sort of Harami candle? Well it’s not within the body of yesterday’s candle but it’s within the long tail. It’s near the day’s low but actually since then it’s popped up into positive for the day. Is this going to be an upside reversal, all your technocrats? Is GBP bottoming at $1.37?
A little later:
Victor Sperandeo: “Right now I would be a buyer of the FTSE and a buyer of the British pound. I would also stay long gold at this point. I have 85 percent of my pension fund long gold and I would be a buyer on any dips.
Agree or not agree? 85% in gold, well diversified isn’t he?