Need a Broker?
Please visit my sponsor website (new window opens)


Buying GBP on the dips

Good morning readers. My plan today is to buy GBP on the dips. Although I am wary that there was talk of further QE this morning on the radio station I listen to, that won’t happen till July and if GBP sentiment continues to be positive after the higher GDP stats last week I would imagine that it will continue bullish for a while and the pressure for QE will be off the new Governor of the Bank of England.

Although everyone seems to be in trouble GBP seems to be in the least trouble at the moment. So I’m staying with buying the dips of GBPUSD today.

Incidentally this post might be of interest (clicky) and this one (clicky) and this one (clicky) and this one (clicky)

Leave a Reply