Published May 19th, 2008 - 10:41 GMT Al Bawaba Implications: Bullish GBP: GBP positioning is similar to Euro positioning. The 52 and 13 week indexes are both at 2 and 8 after being at 0 last week. Both indexes have indicated a bearish extreme, indicating that the GBP is forming an important low. LatestPopular Video: Man with knife stabs 2 police officers in Toulouse, France Colombia's deadliest earthquake in years kills at least 132 Trump administration reaches secret deals with Syria and Israel to remove nuclear materials Drone strike hits Libya’s Al-Zawiya oil refinery, causing naphtha leak Iran’s Supreme Leader appoints six top military commanders Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news