ChampitoPro

GBPUSD if u are an island....

Short
FX:GBPUSD   British Pound / U.S. Dollar
In 1 hour i cant see anything , only flagg pattern .

Reconsider this pair, if you were an island and cancel the most important commercial treaty.

You should devalue the national currency exports become more competitive against those made with currency of greater value.

It can increase international tourism, since foreigners from countries where their money is worth more are attractive.

It can improve domestic consumption of domestic products if salaries are revised upwards, since imported products tend to be more expensive.

Now Britain need this , or no.... ?

It is a basic explanation, but very strong.


Maybe it sounds strange but that always happens in the countries of Latin America. It can be something similar.






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