Bet on the pound

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I’m sure that traders come to their own conclusions via their own analysis and the benefits of a long term up trend will be spotted, when the first sign appears. At the moment though, the only way is down!

Bet on the pound

Investors should keep betting the British pound and gilts will rise because the country’s economic slump is being overplayed, according to Goldman Sachs Group Inc.
“We’re bullish the pound and gilts,” Thomas Stolper, a Goldman Sachs economist in London, said today in an interview. “The macro picture in the U.K. is not as poor as many people try to portray.”