So maybe the Brits still rule the world, or their banks do. Dollar and Yen strengthen while the Pound makes a dip to the trend line
, very reliable historical trend lines
. With a default dollar strength, oil
price dips to its low yet again, form9ing a double bottom
, and the reset is complete. Possible Catalyst, Brexit fallout, Pound weakens, Real estate and their banks default, raise capital to pay loans, defaulting, liquidity dries up, stocks suffer, BOE cannot act quick enough, which is normal for them, a quick crisis perhaps, over by US election? Just guessing. Leading up to the US election, debates, etc. also causes volatility
in markets. GBPUSD
to 120 perhaps?