Thread: Reasons behind the fall of the pound sterling

Good collective analysis. I wish more threads like that and less look at my magic indicator.

This kind of debate is what gives value to the forum. More foundation, less empty promises.

As long as the banks keep pushing toward the dollar, the pound has no clear floor. Be careful, but be careful.

I already burned myself twice trying to hunt the floor. This time I wait for confirmation or I stay out.

For now, my strategy is simple: to follow the money, and the money is coming out of the UK.

Great truth: it is not what you say, it is what you do with your capital. And right now, few buy pounds.

Just like when he bounces, he'll do it violently, no one will fall asleep if he sees accumulation.

Yes, but watch the rebounds trap. The market is expert at feeding the optimists before bursting them.

Great summary. Keep posting, this thread is becoming reference.