Brexit clouds starting to rain
=> Underlying inflationary pressures remain subdued in the UK
=> Here we are examining the break of the downward channel with no cushion on the monetary side to offer any lumber support before the UK leaves the European Union.
=> 1.2771 remains the line in the sand, we actively continuing to sell into any rallies here a no deal Brexit will hammer GBPUSD towards the 1.10 handle and push EURGBP towards parity leaving CPI inflation in the region of 2.5%
=> Good luck all
=> Here we are examining the break of the downward channel with no cushion on the monetary side to offer any lumber support before the UK leaves the European Union.
=> 1.2771 remains the line in the sand, we actively continuing to sell into any rallies here a no deal Brexit will hammer GBPUSD towards the 1.10 handle and push EURGBP towards parity leaving CPI inflation in the region of 2.5%
=> Good luck all
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