Phoenix_Gruppe

GBPUSD Historical Reversal of the Pound and New Grand Cycle

Long
Phoenix_Gruppe Updated   
SAXO:GBPUSD   British Pound / U.S. Dollar
Historical Reversal and New Cycle
End of the centenary cycle
Great Britain adopted the gold standard in 1920
The pound went up to $10
In 1931, the gold standard was abolished
And the pound began its centenary decline
Trade active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.