Brexit Fears More Bark Than Bite (Video)

The fundamentals appear rather dismal for the United Kingdom, as the pandemic caused many issues for countries, however, investors and fund flows seem to be looking past both the pandemic and the effects of Brexit trade issues, as the British Pound appreciates against the U.S. Dollar. It appears that there is more upside going forward for the British Pound with 1.5 and 1.6 being the next major technical levels in play for these trading partners.    

Remember to always do your own Research and Due Diligence!

In this video, we examine the fundamentals of the British economy, discuss the government’s deficit financing strategy, and review the technicals from multiple timeframes for the British Pound/U.S. Dollar currency pair. 

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Courtesy of John Mark Gray, author, and publisher. He also writes at his blog and a YouTube Channel. He has a background in Logic & Game Theory. 

The views and opinions expressed herein are the author's own and do not necessarily reflect those of EconMatters.

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