Today we have a date with the most important
events of the month concerning the pound sterling, the first event is the
British interest rate decision, the second and perhaps most important is the
inflation report
The beginning of the current trading prices of
the pound sterling against the rest of the currencies are prices containing all
the negatives of the British exit
So we see that the current price of the pound
sterling is unfair against some currencies as follows
GBP CAD: Oil prices are not at their best
despite concerns about supplies from the Persian Gulf, Iran and Libya , the pound is not at its
worst and there are opportunities for a smooth exit from the European Union
GBP / USD: The US Dollar is priced at over 12%,
and the US Dollar Index is below 96, raising the expected US interest
rate as a form of trying to save an economy with a bubble that could explode at
any moment
GBP JPY: Yen No Longer a Safe Haven As before,
the Yen is weakening against a dollar (weak) but strong against the Australian
pound for speculative reasons
The fair price of the pound against the
currencies as explained
British Pound against the US Dollar 1.5
Stop loss price for buyers should be at 1.27
British Pound against the Canadian Dollar
1.77740
Stop loss price for buyers should be at 1.67741
GBP / JPY
164,000
Stop loss price for buyers should be at 138,000
Of course, what is referred to is suitable for
investors, not speculators
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