If you were a currency speculator who could perfectly foresee 3 months into the future, based on the information presented below, would you rather take a long (buy British pounds) or a short position (sell British pounds) in the three-month forward contract for British pounds on 2/1/XX?

1. Long

2. Short

If you were a currency speculator who could perfectly foresee 3 months into the future, based on the information presented below, would you rather take a long (buy British pounds) or a short position (sell British pounds) in the three-month forward contract for British pounds on 2/1/XX? 1. Long 2. Short