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"reputable" pundits (Bank of Tokyo/Bloomberg) are predicting...

  1. Captain Blood
    2,013 Posts.
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    27/06/16
    13:50
    Post #: 18132218
    "reputable" pundits (Bank of Tokyo/Bloomberg) are predicting GBP/USD of $1.20 (further 6.5% drop) 2H/16, with minor recession starting 1H/17; meaning they won't forecast into 2017.

    That will be the biggest pressure for SP given there's no dividend to encourage/induce funds/smsfs to wait it out.
    CYB Price at posting: $4.09 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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