EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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CORRECTIONS.http://bit.ly/338li $EURGBP $GBPUSD
Ashraf
Stefan Rie from CMC MARKETS Germany argues that the UK-position is much worser than Greece:
Greece represents only 3 % of EMU-GDP but cannot print any longer money after getting member of the EMU and has to go therefore bancrupt.
UK has a debt ratio of 12 percent und the national debt is high similar to Greece, but UK no refinancing problems BOE is financing the whole deficit of 185 Billion Pound buying 200 billion of government bonds
The actual vigor of the pound is a joke for him and parity Euro/POund within 18 months possible
A hung parliament is also on the way
in my mind pound goes straight south in the next few weeks
http://bit.ly/9sKamU
Ashraf
Yes you are right and I think its better to leave GBP at its own for a while, i took 30 pips and will scalp short if any opportunity arises. Thanks.