the h&s is there but admittedly not particularly easy to spot on ashraf's chart; the left shoulder started in sept 2010, the head in jan 2011, the right should started in october this year
You wrote " I can see a situation in which uk might wish to join a northern european alliance and currency." so I asked, what scenario, exactly? You haven't provided one (unless I missed it, in which case I apologise).
As to Scotland; I hope they get it for so many reasons; it would be good for them and good for England too. Whether they will, well, I wouldn't bet on that either way.
cat, you underestimate the strength of anti-EU feeling in the UK. The UK is a country that uses the word Europe thus: "In the UK, we do it like this, whereas in Europe...". Europe is "some other place" that we are not part of. We shall never feel part of it. Good luck to you though. Maybe one day you will get YOUR currency back :-)
I can see no situation, not now, not ever, in which the UK (read, England) might wish to join a northern European currency. DaveO, what situation do you see?
Scotland may wish to do, should she secede from the UK as one hopes she will.
Don't be ridiculous the UK will never join the euro. The majority of the British people want to leave the EU. Once Scotland leaves the UK the remainder (England) will be even more eurosceptic.
LONG EUR/USD STOP below today's low LONG EUR/CHF STOP below 1.2125 US is a fiscal disaster zone. The global eye will refocus on the US mess before too long.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(1 year ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(1 year ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(1 year ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (1 year ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(1 year ago)
You wrote " I can see a situation in which uk might wish to join a northern european alliance and currency." so I asked, what scenario, exactly? You haven't provided one (unless I missed it, in which case I apologise).
As to Scotland; I hope they get it for so many reasons; it would be good for them and good for England too. Whether they will, well, I wouldn't bet on that either way.
The UK is a country that uses the word Europe thus: "In the UK, we do it like this, whereas in Europe...". Europe is "some other place" that we are not part of. We shall never feel part of it. Good luck to you though. Maybe one day you will get YOUR currency back :-)
DaveO, what situation do you see?
Scotland may wish to do, should she secede from the UK as one hopes she will.
STOP below today's low
LONG EUR/CHF
STOP below 1.2125
US is a fiscal disaster zone. The global eye will refocus on the US mess before too long.