Is sterling in a long term material decline or approaching support?

Is sterling in a long term material decline or approaching support?

From youtube.com/igunitedkingdom

To degree it depends on the outlook for other currencies and so the record low GBP has recently hit vs USD (post-decimalisation) is just one area to witness. IGTV caught up with Ron William from RW Advisory.

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Comment #1
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Oct 3, 2022 1:38pm Oct 3, 2022 1:38pm

KareemAliFx
Joined Oct 2019 | Status: Member | 230 Comments

The smart ones are already buying it

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samdani786

Comment #3
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Oct 3, 2022 4:06pm Oct 3, 2022 4:06pm

gazrok
| Joined Jul 2022 | Status: Junior Member | 10 Comments

The pound will fall as soon as they cant control the narrative and avoid the dreaded recession. Its inevitable and the market is aware of it, its just a matter of time.

Comment #4
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Oct 4, 2022 12:10am Oct 4, 2022 12:10am

samdani786
| Commercial Member | Joined Feb 2008 | 234 Comments

GBP Index monthly chart update.

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Posted: Oct 3, 2022 1:35pm
Submitted by:
Newsstand

Category: Technical Analysis

Comments: 4 / Views: 1,887