GBP/USD - All aboard the $$$$ Boat

Nice one on the trade!

BTW.

Watching BBC newsnight tonight? Absolutley amazing ain't it? Suddenly! an 'under the radar' news release saying that Iraq has more oil than Saudi Arabia.... Not really suprising when you consider how many zillions of gallons of sea water the Saudis are pumping into the world's so called biggest oil reserve to maintain pumping pressure.

So now there may be a twist to my previous post. "Iraqi oil" will save the world economy and who controls this? Oh yes! The Pentagon. Read USD. Let's go a little careful on the long USD/CAD idea for now.

Looney ravings? Possibly! Let's see. It'll be fun.

DB

I Love it!



Watch the price of oil over the next month and it's effect on USD.
 
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