awesome setup in XRP USD buy dips soon, target 77 cents, very clean! BCH USD H4 review, target 640 for the bulls, falling wedge detected ETH USD clean harmonic setup, target 262-266, load dips soon BTC USD daily chart review, strong supp @ 6450, upside coming, TP1 6800 TP2 7000
black888
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I believe GBP will continue outperforming EUR for some time but, what do I know? :-)
Nonjabulo
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@black888, I'd like to find out why you are of this opinion please
Nonjabulo
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@black888, I believe we can all learn from each other.
black888
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@Nonjabulo, it's more a market sentiment/fundamental analysis idea than TA, although I've not identified any signals on the charts that suggest a change in the trend. I believe UK will do better outside the EU, has less risk exposure staying away from Italy, Portugal, Spain, Greece... etc. I see this pair coming down to 83's or even 77's medium term. I'm looking at 12 year/weekly chart and that's what I see (lower highs since 2016 and 2017 peak, we are in a descending channel, and with lot of room on the downside).
black888
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@Nonjabulo, Also the British have historically preferred a strong currency, might be the only country supporting that idea, call it proudness or whatever :-)