As you can see from our GREEN zone price broke through this and came back up to test it as resistance before dropping 80 pips and from here i can only see more downside moves as GBP is going to hell.
We might even get negative interest rates in 2021 which means you will be charged for money in your savings accounts.. you can imagine how many people will take this money out the accounts and invest it in other places like Forex, Stocks, Crypto and property! This will be the downfall of the banks and kickstart this cashless society they want.
My yellow zone and trendline you can see at the top of the chart are both monthly levels if you want to mark them up on your own charts.
If you have any questions about trading then i will be happy to answer then, Also if you want FREE education, trades and analysis also send me a message.
Thanks.
We might even get negative interest rates in 2021 which means you will be charged for money in your savings accounts.. you can imagine how many people will take this money out the accounts and invest it in other places like Forex, Stocks, Crypto and property! This will be the downfall of the banks and kickstart this cashless society they want.
My yellow zone and trendline you can see at the top of the chart are both monthly levels if you want to mark them up on your own charts.
If you have any questions about trading then i will be happy to answer then, Also if you want FREE education, trades and analysis also send me a message.
Thanks.