In this video we look into DXY structure and how this is so exciting for a few USD pairs. Generally across the board on the HTF we are seeing lots of corrective patterns completing their moves. These are nearly always followed by large impulsive movements in the market which are fantastic to capitalise on. USDJPY and GBPUSD see some clear impulsive phases...
Summary. See video link below. Finance Minister to speak in Parliament today. May cause the Pound to Rally, or fall further Bank of England is currently intervening by purchasing 5 Billion Pounds of Guilts, which they have double to 10 Billion per day for this week. UK is releasing GDP numbers tomorrow, this will cause significant volatility. Overall I am short...
The Pound has extended its weakness against the U.S Dollar as the UK economy slips closer to a recession. The UK cost of living crisis, which is down to high energy prices, rising taxes, and now higher interest rates is increasing the public mortgage, credit cards, car loans, student debt and other debt payments, causing investors to question the amount of...
Fundamentals Key Points: 1. Markets are expecting UK Inflation to overshoot the central banks' 2% target and reach 3.35% in the coming years. 2. UK 10 Year Bond yields have been rising as a result of high inflation expectations. 3. Against countries like Japan, Switzerland & Germany the UK 10 Year Government Bond Yield is more attractive for investors...
GBP/USD GBP/AUD GBP/JPY GBP/CAD Pound Meltdown now being subdued a little? Can we continue to fall?