Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
A weaker dollar, rate hike speculations over Bank of England (BoE) next move, a deal with the European Union have already pushed the British pound sterling to the highest level since June 2016, when the British referendum on EU membership pushed the pound from 1.5 against the USD to as low as 1.2 against the USD.
In our long-term forecast, we estimated that the pound would reach as low as parity against the dollar and we still stand by that prediction. However, our calculations suggest there is an opportunity on the buy side in the medium term. Our calculations suggest that the pound bulls are looking to push towards 1.44 against the USD and due to the excellent risk-reward ratio, we would like to urge our readers to get on board. There is a very high possibility that pound would reach this target as BoE is more likely to turn more hawkish in 2018.
Trade idea:
The pound is currently trading at 1.354. Long pound at the current rate and at dips with a target around 1.44 and two interim targets at 1.38 and 1.402. The stop loss for this trade should be kept at 1.308 area.
