Euro / British Pound
Short

Updates for EUR/GBP: Analysis + Fundamentals

103
In this technical analysis. Firstrly, As I say you yesterday that this was a manipulation and my prediction it's have beee success. Now, this is more important to protect your position and put a break even in 0 pips, you dont loss or earn, just protect your position in short and stay hope until to complete, be patient. Now, this drop I predicted yesterday that it's going to pass, and pass today. And if you see, the indicators as RIS and MACD are now give us a signal of sell. Now, I going with 54 pips in profits.

Now, today there are a lot fundamentals for UK and GBP about this situation of Brexit and covid-19 and all problems with U.K.-EU relationship

1. Today there are a news in the economical calendar about the European Central Bank that De Guindos speak the situation of the economy in the Eurozone and Jerome Powell testifies the situation in the meeting in Washington D.C. on the Federal Reserve to discuss the situation of the economy policy of the US.

Speculate News:
1. Now, pounds sinks to fresh one-month low on U.K. spending plans.
2. Pound fell agains the U.S. Dollar to fresh one-month lows on Monday (Yesterday), amid concerns about th U.K.'S post-Brexit spending plans at a time when many are worried that the latest round of U.K.-EU relationship trade talks are unlikely to yield progress.
3. Prime minister Boris Johnson is expected to unveil a plan to fast-track infrastructure projects today, stoking investor worries about the country's bulging debt load.
3. U.K. public debt has exceded GDP for the first time since 1963, after the government borrowed a record of 55 billion pounds in the past month to fund its fiscal stimulus programs to cushion the economic blow from the pandemic.
4. The U.K. and EU resumed post-brexit talks on Monday, but hopes of a resolution on key issues such as fishing policy and the commitment to a "level playing filed"
5. While the EU has suggested it is willing to compromise on some issues, the economic bloc has reiterated it would not agree to any measures that theaten the four freedoms-goods, people, capital, services-of the single market

To conclude my data showed that GBP is longest for short term, not for lot, but there are the continues problems of Brexit about the U.K. and EU relationship, and that it's get us an issue of this nations in the future for this countries, now as U.K. has spending plans to concern the post-Brexit to disvinculated of the EU and that is a good as bad news for short term while that GBP it's can be devaluated agains the US Dollar as U.K. make these decision so bad for the U.K. economy. Now, the #5 sentence it's so impact for me and how the U.K. make that as single market to take a control of all nation for BoE it'w want to take control of economy policy and don't give they freedom of Englands that live in U.K.

Now, for the future there are 2 news more of this par:

1. There are a fears also running high that the U.K. is preparing for a no-deal Brexit after a government spokesperson reportedly confirmed Johnson would be ready to leave the transition period on Australia terms if on agreement (with the EU) could not be reached
2. The U.K. has made it clear it wants to take control over access to its waters and fish when the Brexit transition period ends,

Now, for conclude of this ultimate speculate news. This is all bad news for long term in U.K. Guys, Are you prepared for the fiscal and financial crisis of U.K. government that want the Bank of England to take a control of your eartth, waters and food of Englands people? That is so bad for this par, and it's could the U.K. experiment a reccesion and crisis in the next months if U.K. want to leave the transition period on Australia terms and there are a avarice and fears of this country. So, it's supposed that this par EUR/GBP I could see so bullish in long term is the situation of U.K. that made it's as make to affect its currencies.

So guys, I believe that if this passing, the situation is so horrible and then, Gold, Silver and Bitcoin and cryptocurrency it's can to experiment a jump of the price to reach a new maximum, specially Bitcoin.

Also, more later I interesting to analyse S&P 500, Nasdaq 100, US oil, silver and other assets that interesting to study + analysis.

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