- Joined
- Oct 13, 2012
- Posts
- 1,390
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- 355
There is a lot of liquidity and it was predictable that the discounted stocks would be hoovered up, nothing to suggest overseas buyers.
If we new what the pound was going to do we would all be rich from it, there does seem to be strong resistance at $1.30
Good news for foreign tourists and the industry that benefits from them.
The overseas buyers were the ones getting the discount because they weren't buying in GBP I'm happy for them though
Anyone who trusted the consensus from all those 'experts' had a fairly good idea what the pound was going to do, and some of us have done very well from it, at least in GBP terms. So that's nice for us.
The market clearly likes May and more importantly likes having a bit less uncertainty - good news for now.