Bitcoin has come under fire again this week as yet again it reached all time highs. Along with this we saw a lot or demand in the coin grow as news and media outlets flooded the market with stories of all time highs and bubbles and what not. Taking a step back and ignoring all the waffle out there we can clearly see price rejecting the psychological level of...
As we are looking for GBP to continue to gain strength we can determine we may see FTSE100 fall. Correlation shows the stronger GBP gets the more likely they FTSE100 is to go short. Looking for short opportunities into the key level and 1.618 golden fib ratio of 7190-7200 before looking for a long position.
