Tuesday, 16 December 2014

EUR/GBP.... The Queen is resilent isnt?

EUR/GBP

This Chart is very interesting....

Eur has tried to move high against Gbp but the trend line has contained it.... making a huge pin bar in direction of trend... also the main trend is down....
Eurozone is facing far more problems than UK.... Europe is about to deal with great deflation and problems due to countries with lot of economic power having to help others with lack of infrastructure.

UK in the other hand is not so exposed with eurozone cz of currency apart... but they are affected if you want or not.... but UK is UK... for me its still an empire!

Cheers Guys

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