So much sell, so little success. Markets have memory and it seems we are going back to the good times for the euro, while the GBPUSD seem to have trouble with brexit. While, the economy in Europe is much diversify, that of UK is much based on financial markets. The southern countries can benefit greatly from strong euro in the summer and manufacturing gains can be done in outside vacation seasons. I don't expect big sell before late Nov. or even beginning of 2018.
Just some thoughts.
Love you my UK friends, but the GBPUSD had its time... Euro on the other hand is still young.
Just some thoughts.
Love you my UK friends, but the GBPUSD had its time... Euro on the other hand is still young.
