GBP Downward trend

GBP Downward trend






FOREX GBP/USD For 8/5/2016 the closing price was 1.3132. Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.37. The projected lower bound is: 1.25. The projected closing price is: 1.31. Rex […]






Impact of BREXIT in USA

Impact of BREXIT in USA






New data from the National Center for the Middle Market (NCMM) suggests more than one-quarter of U.S. middle market companies will decrease business investments in the United Kingdom following the results of the “Brexit” referendum. About the same number say they will reduce their purchases from and sales to the U.K. The report, released today, […]






British Pound (£) ⇨ US Dollar ($)(GBPUSD) trading Outlook

British Pound (£) ⇨ US Dollar ($)(GBPUSD) trading Outlook






FOREX GBP= closed down -0.015 at 1.287. Volume was 4% below average (neutral) and Bollinger Bands were 273% wider than normal. Open High Low Close Volume___ 1.302 1.303 1.280 1.287 106,292 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.34 1.43 1.46 Volatility: 52 28 17 […]






British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook

British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook






British Pound (£) ⇨ US Dollar ($)(GBPUSD) Trading Outlook BOE GBP INDEX closed down -2.000 at 79.800. Volume was 8,900% above average (trending) and Bollinger Bands were 123% wider than normal. Open High Low Close Volume___ 80.400 80.400 79.800 79.800 4 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period […]






Brexit, Is a Vote Against War, Empire and Central Dictatorship

Brexit, Is a Vote Against War, Empire and Central Dictatorship






The British sent shock waves through the One World Order by voting to secede from the European Union. Article 50 of the EU explicitly provides for departure, so there is no turning back. The European Union had good intentions, but none were realized. It distorted national economies by using a “one size fits all” approach […]






Brexit Vote Outcome: Brits Wanted to #TakeControl of “Uncontrolled Mass Immigration”

Brexit Vote Outcome: Brits Wanted to #TakeControl of “Uncontrolled Mass Immigration”






“The Brexit vote should serve as a wake-up call to America’s governing class. The same dissatisfaction with mass immigration and the disrupting consequences of outsourced manufacturing are percolating throughout the United States. Politicians need to listen and learn from the events across the pond if they wish for political futures.” – Dan Stein, President of […]






Britain Rejects Socialism, America is Next

Britain Rejects Socialism, America is Next






Britain Rejects Socialism, America is Next Britain has rejected the ultra-big Government and socialism, America is set to elect Trump and reject the Socialism of Obama/Clinton and America’s “Democrats” The result on markets is a massive over reaction, but it is a positive sign that democracy works even in the face of the institutionalized stupidity […]






British Pound (£) ⇨ US Dollar ($) Trading Outlook

British Pound (£) ⇨ US Dollar ($) Trading Outlook






British Pound (£) ⇨ US Dollar ($) Trading Outlook FOREX GBP= closed up 0.010 at 1.452. Volume was 14% above average (neutral) and Bollinger Bands were 28% narrower than normal. Open High Low Close Volume___ 1.442 1.458 1.440 1.452 122,253 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period […]