gbp vs ftse stock exchange Correlation?

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

  1. hey guys, is there usually a negative or postivie correlation with gbp vs. London Stock Exchange?
     
  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.