GBPUSD - snap elections predicted
Published that plot 18 days ago:
Snap elections will be organised on June 8th, please remember this date as it may be historical day for GBP.
Snap elections will be organised on June 8th, please remember this date as it may be historical day for GBP.
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GBP moved up as expected however, soon will lose it's momentum.
Next week 3rd of May, UK holds snap elections.
I predict conservative party to win which will finally trigger Brexit negotiations.
Last time British people voted to leave EU, price of GBP moved down while gold moved up. I expect exactly the same to happen.
I would short GBP/USD or GBP/EUR and go long gold.
Moreover, 2nd round of French elections will be held in just few days after British elections. I predict E.Marcon to win that in turn will strengthen EU, EUR will move up pushing British currency to new lows.
Next week 3rd of May, UK holds snap elections.
I predict conservative party to win which will finally trigger Brexit negotiations.
Last time British people voted to leave EU, price of GBP moved down while gold moved up. I expect exactly the same to happen.
I would short GBP/USD or GBP/EUR and go long gold.
Moreover, 2nd round of French elections will be held in just few days after British elections. I predict E.Marcon to win that in turn will strengthen EU, EUR will move up pushing British currency to new lows.
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