Negative Fundamentals or Profit Factor to SELL GBPUSD
- PM JOHNSON win the election with Majority on the base of Brexit must be done before 31/1/20 if no resolution than Hard Brexit = Detrimental for Pound will lead 500 to 1000pips Down
- PM Johnson easy to get Vote in parliament for Brexit Done=Bearish for GBP
- Recent GDP Data released with bad numbers=BoE (Bank of England) Rate cut =High Probability
- Retail Sales data = Negative=Consumption less = BoE will do rate cut
- CPI Reduced = Inflation in full control = BoE will do rate cut!
- Employment data will be released with negative only=BoE will do rate cut
- Current Interest rate = 0.75% since years
Dec07 = Bank Rate was 5.5%
Dec08 = Bank Rate was 2.0% (Global recession as small bubble break!)
Aug16 = Bank Rate was = 0.25% (Deep Recession & to increase spending)
Aug18 = Bank Rate was = 0.75%
- If BoE do Rate cut or give any indication and mostly it will be 0.75% to 0.5%=Huge Negative for GBPUSD and Pair can touch to 1.26 to 1.24 as Brexit will add more pressure.
- An investor has completely lost interest in the UK Economy as Brexit has no Resolution for many years. 30 to 40% Residents Job and Career will be lost in Hard Brexit. Consumption will badly affect.
Positive Fundamentals or Risk factor to SELL GBPUSD
- If Dollar Index gets weaker which is very small possibilities.
- Soft Brexit with Proper Deal with 27 European countries = Low chance as for 3 years they could not solve how can be done in a few days!!
- Miracle happen and Investor start to invest in the UK with confidence after Brexit
WHAT IS BANK OF ENGLAND BASE RATE
Check our Holding Strategy live example
1.3470 we have been holding from 22 May 2018
with 1 lot
PROFIT = $4267
SWAP = $1140
Current date = 21 Jan 2020
check SELL GBPUSD
We have been holding SELLING SINCE 1st FEB 2020.
VERIFY BELOW LINK
From 1st FEB 2018 TO 21st Jan 2020
No of signal given : 459
Total Profit : $602415,
PIPs in Profit : 40161
SL-Hit signal : 19
Total Loss : $-5550,
PIPs in LOSS : -370
Proven Accuracy : 96%
Note : Capital=$1000 | Lvrg=1:200 | Profit reinvest=50%
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