gbp vs ftse stock exchange Correlation?

Discussion in 'Forex' started by jetmacrotrader, May 22, 2009.

  1. jetmacrotrader

    jetmacrotrader

    hey guys, is there usually a negative or postivie correlation with gbp vs. London Stock Exchange?
     
    #1     May 22, 2009
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  2. aceholic

    aceholic

    General correlation is that GBP will get stronger as stocks get stronger, including the FTSE.

    I don't know if the FTSE-GBP correlation is any better than something like the S&P-EUR correlation though.
     
    #2     May 22, 2009
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