In Dollar terms.
We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before.
Here we have the FTSE 100 and the UK companies which have pricing power
versus #Sterling which we know is heading to sub $1
As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current levels!
British citizens are living in a inflationary nightmare.
A potential lifeboat is investing their way out.
NOT SAVING .. as saving in a ever worthless #Pound is only compounding your loss of purchasing power.
We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before.
Here we have the FTSE 100 and the UK companies which have pricing power
versus #Sterling which we know is heading to sub $1
As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current levels!
British citizens are living in a inflationary nightmare.
A potential lifeboat is investing their way out.
NOT SAVING .. as saving in a ever worthless #Pound is only compounding your loss of purchasing power.
Note
Breaking out
Note
UKX v inflation index
constructive as well for a breakout imho
Note
#FTSE #UKX
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.