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trajkovic
Jul 4, 2017 9:37 PM

GBPUSD 

BRITISH POUND / U.S. DOLLARICE

Description

All on chart

Comment

1.30 for 1.33 then a battle for 1.30 support

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Comments
Tarot
Did you close
trajkovic
Hi, in a word - yes. Currently, there are no positions. CBE (BOE) has covertly secured demand for £ through EU military alliance funding pipe. That has changed the outlook for £ going forward. So far, there is no opposition, but from a few lonely voices. I think we can see continuation towards 1.38 into the holiday season. "Responsible" will be busy with holidays and gifts. I believe that the interest rate was raised and will likely adjust higher again as ECB needs large enough interest on the £ funding in order to create more euros to make payments of that interest. So, it works well for both sides. The reality is more fantastic than the fantasy itself.
Tarot
H, what do you think for GU
trajkovic
@Tarot, There may be a correction towards 1.34 but in larger uptrend towards 1.38. Best of luck trading
Tarot
Thanks

Tarot
Hell I lke your share, what do you think and what do you see, after BOE
trajkovic
@Tarot, I am building long all the way to 1.276 if neccessary
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