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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="http://wwww.fxstreet.com//technical/analysis-reports/one-year-outlook-for-gbp/index.xml"><channel><title>One year outlook for GBP</title><description /><link>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/</link><image><title>Technical Analysis</title><link>http://www.fxstreet.com/technical/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>GBP should recover in the next six months</title><link>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2009-01-08.html</link><description>Comment : Having completely underestimated anti-sterling feeling in 2008, losing a personal fortune in the process, investors are unlikely to listen to our views this year. We feel the pound is oversold, here and against a raft of other currencies (a possible exception Scandinavia), and that it should recover a proportion of these over the next six months. In the second half of the year we expect generalised US dollar weakness to resume. Cable has spent the last two months painfully basing in</description><pubDate>Thu, 08 Jan 2009 17:06:12 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/analysis-reports/">http://www.fxstreet.com/technical/analysis-reports/</category><author>Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)</author><guid>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2009-01-08.html</guid></item><item><title>One year outlook for GBP</title><link>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2008-06-17.html</link><description>One year outlook for GBP Comment: Very frustrating as almost six months have gone by and we find ourselves in exactly the same position as we were in January. The sell-off from last year’s high at 2.1160 has taken Cable back to the pivotal 1.9400 area in a possible A, B, C-type corrective move. While we will not completely rule out brief, small ‘extensions’ below 1.9200, we see these as good buying opportunities for a rally later this year. Expect sharp swings either side of 2.0000 in Q3,</description><pubDate>Tue, 17 Jun 2008 09:50:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/analysis-reports/">http://www.fxstreet.com/technical/analysis-reports/</category><author>Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)</author><guid>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2008-06-17.html</guid></item><item><title>One year outlook for GBP</title><link>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2006-06-28.html</link><description>One year outlook for GBP Comment : The pound, in line with the Euro, is expected to see some sharp price swings throughout the next twelve moths. Ten cent shifts on the month should continue to be the norm, and may cause ‘extensions’ and ‘spikes’ on a regular basis. Support between 1.7500 and 1.7000 should hold over the next three months, allowing Cable to crawl back up to 1.8400 by year-end. Then more consolidation very roughly between 1.8000 and 1.9000 in Q1 2006, probably settling at 1.8500</description><pubDate>Wed, 28 Jun 2006 07:48:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/analysis-reports/">http://www.fxstreet.com/technical/analysis-reports/</category><author>Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)</author><guid>http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-gbp/2006-06-28.html</guid></item></channel></rss>