EUR/GBP Parity : When?

[foredog]

Friday?

 

[arabianights]

I will sell once we reach parity... I think the euro will implode politically at some point...

 

[laptop1]

1992 Gordon Brown himself said: "A weak currency arises from a weak economy which in turn is the result of a weak Government."

 

[theroguetrader]

could be a while,its turned at resistance .. !! (yearly high) -:idea:
If it breaks through, resistance will become support and then you could trade it back upwards -

 

[breadman]

if it does get to £1 = 1euro it might just keep going until £1 only gets you 0.92 cent.

 

[Splitlink]

Don't worry about it. In the seventies the pound was about 165 pesetas but I remember, when we were on holiday in the UK one summer, it went down to about 120. I took all our holiday travellers cheques to the nearest bank and changed the lot.

Then again, in 1992, when Soros was shorting it, I managed to get into Dm's before the pound had to leave the currency snake.

That is one of my selfish reasons for not wanting the pound in Europe!

Split

 

[chilltrader]

Don't worry about it. In the seventies the pound was about 165 pesetas but I remember, when we were on holiday in the UK one summer, it went down to about 120. I took all our holiday travellers cheques to the nearest bank and changed the lot.

Split

Was that your very first forex trade Split?

 

[Splitlink]

Both were cash currency trades, unfortunately. I have, actually, been in dollars and euros since the summer, but only recently have I dipped into Forex.

More fool me!

Was it my first experience of currency trading? Here's another experience.

When the Socialists devalued the pound in 1949---far back enough for you ---- I was on a Canadian ship earning their rates of pay. The pound went from 4 to the $ to , I think it was 2.40. Unfortunately, I was only a kid then and did not earn a great deal. Even I was young, once!

Split

 

[chilltrader]

Both were cash currency trades, unfortunately. I have, actually, been in dollars and euros since the summer, but only recently have I dipped into Forex.

More fool me!

Was it my first experience of currency trading? Here's another experience.

When the Socialists devalued the pound in 1949---far back enough for you ---- I was on a Canadian ship earning their rates of pay. The pound went from 4 to the $ to , I think it was 2.40. Unfortunately, I was only a kid then and did not earn a great deal. Even I was young, once!

Split

God! Even the 70's is very faaaar back for me!!, 1949 is ancient history

 

[shahram2611]

i am not sure how far it can go but today i shorted this pair at 0.9771 with stop at 1.0090 and take profit open!
lets see how it goes