The market prepares to shift to a new trading zone !

3 months ago ,The United Kingdom has “fully” recovered from the effects of the global economic crisis of 2008 , but UK
keeps such information away of public, just to keep EURO zone away of harm .

If the GBP flies without the EURO , then the EURO will be in big trouble ,If this scenario happens , EURO zone may work against the GBP!!!

So UK hides this info to avoid conflicts and fights with EURO zone .Now arrangements have been prepared to make both pairs to fly with each other, but GBP is expected to fly almost twice than the EURO…

Carney’s speech was just like the test bubble, they wanted to see how the world would react with such info, anyway the truth will come to surface sooner or later…

The market is expected to back to the  middle of  2008/2013 range or higher a bit in 2014!!!

Technically , pay attention on the 1.3415 levels,breaking of this resistance is an early warning for the 1.4000 levels……

MARKET DATA

UPCOMING ECONOMIC EVENTS

2 COMMENTS

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