Forex Forecast: Sterling no longer a thin market – Plutus FX

Steven Woodcock, Senior FX Analyst at Plutus FX, joins Zak Mir, Analyst at Zak’s Traders Cafe, and Charlie Gibson, Head of Mining at Edison Research, to offer insights into the Forex Markets and Gold.

Highlights:

“Cable – 1.2950 area has lot of interest . Sterling is no longer thin market. Real market is Euro/Sterling.”

“Lot of hot money that left markets ahead of referendum hasn’t really returned.”

“Gold isn’t going higher, it is only the equities which are rallying and appear to be the biggest bubble now”