Q: What's better than one short British Pound contract?
A: Well that's easy, my good man - the answer is TWO short British Pound contracts.
Check out this chart - is this dog waking up anytime soon?
George Soros made $1 Billion shorting the British Pound in his most famous trade - I've got some catching up to do!
- FX Street: How Much Lower Can the Sterling Slide?
- "The news for sterling has gone from bad to worse," said Ian Stannard, a currencies strategist at BNP Paribas in London. He said that the pound could test resistance at $1.8180 area "before a corrective rebound develops," as sterling catches up with the dollar's recent move lower.