Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    British Pound – After BREXIT

    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

     British Pound – After BREXIT Empty British Pound – After BREXIT

    Post by Lobo Wed 13 Jul 2016, 6:16 pm

     British Pound – After BREXIT IBBPVA-W
    The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the formidable resistance going into month-end. The Daily Bullish now stands at 13350 and 13535 with the Major numbers being a Double Daily Bullish at 14725. We can see technically that the pound traded extremely on point to the channel analysis. The two main channels overlapped and picked both the high and low of the panic BREXIT move, demonstrating nothing is random.
     British Pound – After BREXIT BPFOR-W
    Now we have a turning point next week and we can see that Directional Changes are showing up almost every other week warning of a choppy pattern. Serious volatility should not return until late August going into September.
    https://www.armstrongeconomics.com/international-news/britain/british-pound-after-brexit/

      Current date/time is Thu 28 Mar 2024, 6:50 am