STERLING: Not in a good place
If you believe big media news headlines you'd be thinking that GBP is on some mega path of recovery. It ain't.
The evidence is that GBP is in serious trouble as seen by most of the big daily trends.
Unless something miraculous happens big trends like these especially GBPUSD create further probabilities for the south.
But on the geopolitical-economic circuit, many in Britain are actually preparing for a 'Hard Brexit'. Should that materialise there is not only gonna be further big trouble for the pound, but for Forex and Stock Markets around the world.
Stay tuned folks! Get your popcorn ready. :)
The evidence is that GBP is in serious trouble as seen by most of the big daily trends.
Unless something miraculous happens big trends like these especially GBPUSD create further probabilities for the south.
But on the geopolitical-economic circuit, many in Britain are actually preparing for a 'Hard Brexit'. Should that materialise there is not only gonna be further big trouble for the pound, but for Forex and Stock Markets around the world.
Stay tuned folks! Get your popcorn ready. :)
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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