In my opinion GBP will move down as described in my previous plot.
Due to different political decisions, timeframe was shifted.
Due to different political decisions, timeframe was shifted.
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Bombshell news "Theresa May Calls For Snap UK General Election On June 8"
www.zerohedge.com/ne...-election-speculated
www.zerohedge.com/ne...-election-speculated
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My plot was accurate as price of GBP moved up and over shoot EMA alike in previous situation shown on the plot.
In my opinion Conservative Party (UK) will strongly win parliamentary elections in UK, T.May will begin Brexit negotiations and Pound will fall and I was describing before.
GBP moved up only because there is a small chance that Brexit may not happen - only if Labour party would win elections. However, at the moment Conservatives have over 40% votes while Labour only 20% of voters.
"Brexit means Brexit"
In my opinion Conservative Party (UK) will strongly win parliamentary elections in UK, T.May will begin Brexit negotiations and Pound will fall and I was describing before.
GBP moved up only because there is a small chance that Brexit may not happen - only if Labour party would win elections. However, at the moment Conservatives have over 40% votes while Labour only 20% of voters.
"Brexit means Brexit"