$GBPUSD: Weekly and Monthly uptrend
The British Pound could revisit the Brexit Key Level resistance over time, if the bullish signals here pan out...
The trend had been down but there's a chance for the interest rate differential trend to reverse and boost the
GBPUSD
pair, BOE might have more to do whereas the Federal Reserve is likely done hiking rates.
Very low risk buy signal here, with tremendous upside vs risk.
This likely applies to buying prime real estate in London, as a long term currency trade as well.
But that is not viable for smaller accounts naturally.
Best of luck!
Cheers,
Ivan Labrie.
The trend had been down but there's a chance for the interest rate differential trend to reverse and boost the
GBPUSD
pair, BOE might have more to do whereas the Federal Reserve is likely done hiking rates. Very low risk buy signal here, with tremendous upside vs risk.
This likely applies to buying prime real estate in London, as a long term currency trade as well.
But that is not viable for smaller accounts naturally.
Best of luck!
Cheers,
Ivan Labrie.
Comment:
Comment:
Hodling this one.
Hodling this one.
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