Brussels together with Google Power will win BREXIT. Worth the read and watch out how Google will be dealt with in the Anti monopoly cases with the EU. Absolutely no payback - I am sure Google will do this from the bottom of their hearts!!!
Britian is doomed to sink with Europe, and looks like that will seriously will no longer be sustainable beyond mid 2017!
GBP is in a narrowing range contained by the resistance and support shown. This is generating a vast amount of energy due to subwave formation which is going to result in a rapid move thereafter, and it looks like it will be a quick drop of upto 5% to test 1.383 in July. This will be followed by a further drop, but more slowly with another 2% to the 1.35 support by Q4.
The obvious question is what is going to happen to the Euro. Well it too is in a narrowing range and will after some euphoria fail to break 1.17 before resuming its downtrend to retest the 1.08 support towards the end of this year.
Time is running out for the Euro and next year the self destruction path the Europeans are allowing their politicians take them down will become much more vocal and physical unless the Europeans can find constructive ways to direct their anger as they wake up to the lies and deceit emulating from behind the curtain!
So where is the money going to flow?? Only one place it can - the USD which is expected to make a low leading into BREXIT, testing support around 92.7 before capital flows out from all the disappointed Brits and Europeans!