GBP clearly in a downtrend with NO reason to long
While we will see an odd daily bounce but generally its about finding the right cross to short the GBP and a good entry
and ride this baby DOWNNNN
Third PM this week and 2nd unelected PM due to Brexit
If Boris Johnson gets the job we will be increasing our shorts
Trump last week said that Crypto currencies are just a lot of wind and the bottom dropped showing how unstable and fragile Bitcoin is
Bitcoin while the 618 fib level holds will be regarded to us as being in a down trend to us.
We are staying short as 14000 monkey nuts holds
We have several long positions in place if it breaks and we shall use the Fib levels for...
Failure to break the 38 Fib last week and staying as heavy resistance
We anticipate a better week this week for the USD
GBP is in a grips of Brexit mess , I would not Long , their maybe bounces but Not worth i
If it was Not for Brexit I was say Long this But!!!!!!!!!!!!!!!!
GBP CAD has enetred a 2 yearold buy zone , but with he current Brexit mess
best stand aside on GBP pairs
All you need is a sniveling little reporter to say something negative and the GBP drops like a stone
Best to stand aside
short that Kiwi for 200 pips, will follow suit with the AUD , with a lack of positive data due this week for the NZD ad a failure to convincingly take 6700 zone
we are taking the NZD USD short back down 200 pips to 65s
To all you BITCOIN Bulls The Flying Pigs are taking off
This chart is dedicated to all those who peddle the Idiotic , Non Fact based Dream that Bitcoin will see 20 k or 100 k
Pigs may fly too
Best you catch one