british pound.whats going on?

  1. 5,447 Posts.
    The pound is rising against the $US at the same time as gold is getting to new highs.The UK got rid of most of their gold and presumably bought a swag of $US.UK interest rates are still falling.So what is the game being played.Is it the rise in the price of oil?Have they changed over their currency mix?The Footsie is plunging to new lows.Any answers?????????
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