UK POUND – SECULAR HORIZON…into the ABYSS…

UK POUND Secular View  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

25.06.2017 – UK POUND – 1 YEAR after BREXIT VOTE…

15.09.2017 – UK POUND – BRITISH SHOW MUST GO ON…

30.09.2017 – GREAT BRITAIN = GREAT POUND…

&

10.07.2018  –  UK POUND – 2 YEARS after BREXIT VOTE…

17.07.2018  –  UK POUND – NEGATIVE IMPULSES PROOF…

21.07.2018  –  UK POUND BRAVE FIGHTING with SPECTRE of BREXIT …

2.08.2018   –   UK POUND vs BoE CENTRAL FACTOR…

3.08.2018   –    UK POUND after BoE & CARNEY…

13.09.2018  –   UK POUND vs BoE & CARNEY…

2.11.2018  –  UK POUND – Key Pattern Deja Vu before Final BREXIT Deal…

15.11.2018  –  UK POUND vs BREXIT TURMOIL…

16.12.2018 –  UK POUND – BREXIT DEADLOCK…

19.01.2019 –  UK POUND – BREXIT SAGA with BRITISH STATUS QUO…

3.03.2019  –  UK POUND – BREXIT LABYRINTH…

15.03.2019 –  UK POUND – BREXIT TIME GAME…

17.03.2019 –  UK POUND – SECULAR HORIZON… beyond BREXIT…

24.05.2019 –  UK POUND – MAY DAY & MAYDAY…

18.06.2019 –  UK POUND – after MAY Gone HARD BREXIT FEAR Strikes Back…

25.07.2019 –  UK POUND – BORIS BREXIT…

10.08.2019 –   UK POUND – on the EDGE of ABYSS…

with

Special  Secular View

17.03.2019 –  UK POUND – SECULAR HORIZON… beyond BREXIT…

 

 

Present Main Active  UK POUND  Motives

 Rising USD – Key Long Term Factor 

&

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

of course with

BREXIT SAGA – more than 3 years from BREXIT Vote

BREXIT POLITICAL MESS

BREXIT KEY DATE –  31 October 2019 

& Now

BREXIT FIGHT   by UK PM Boris Johnson  

Boris Johnson Plan –  Bailout Fund to Help Companies

at Risk of No Deal Brexit

HARD BREXIT –  Rising Probability Scenario 

UK Macro  –  Weak  British GDP  

with

BOE – Bank of England Policy

vs

ECB –   Lagarde  &  FED & Powell Impulses

 

UK POUND - Sterling-falls

 

First…ATA from  17.03.2019

” Long Term Patterns are Bearish for UK Pound

so

Waiting for  Dynamic Strike 

GBP/USD 

Two Main  Patterns 

First H&S with Neck Line  from 1993 to 2015 year

Second Isosceles Triangle

Key Levels 1.38  vs  1.29  

Long Term Active Range

1.38   vs   1.29  ( EOM )

 

EUR/GBP 

Wave Down

Activated  Two 2B Patterns – Big & Small 

0.90 – 0.8950  Top  Zone ( EOM ) 

vs

Support Zone  with 0.84 Key Level  ( EOM )

Long Term Active Range

 0.8950 – 0.90  vs   0.84   ( EOM )   

 

 

Second… UK POUND Secular  Situation 

 

 

 

 

First…Master  Motives

above in this text…

 

Second…Market Technical  Patterns 

GBP/USD 

all time  Dominating

Master  Pattern

H&S with Neck Line  from 1993 to 2015 year

after Break Down Lower Edge of Isosceles Triangle

Key Level  1.29  

Now dominating

Strong  Falling Wave 

with

MACD Monthly  Activated Sell Signal  

 

Present Long Term Active Range

1.29-27 – 1.22   vs   1.0790 

( EOM )

 

 

EUR/GBP 

After

Test Support Zone & No Break Down

0.84 Key Level 

Activated W Pattern 

Wave Up & Break Up

First…0.90 – 0.8950  Top  Zone

Second…0.92 Key Level – August 2017 Top

Now Dominating

Strong Rising Wave 

Next Target – Lehman High – 0.95 – 0.98 Zone 

with

MACD Monthly  Activated Buy Signal 

 

Present Long Term Active Range

 0.92   vs   0.95 – 0.98  ( EOM )

 

Special Focus on EOM –  Now  August

 

 

ATA Investment Conclusion

Final Smart Money Strike 

Start Falling into British Abyss…

Finally…UK POUND MARIANA TRENCH

of course known for Now… 

GBP/USD Key Level 1.0790  Zone   

( February 1985 ) 

EUR/GBP  Key Level  – 0.95 – 0.98 Zone

( Lehman  – December 2008 )

but

always be ready for

UK Pound Dynamic Contraction 

after

Last Strong Falling 

 

 

N- Times

Chart is More Important than 1000 Words…

&

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now August

of course with

BREXIT KEY DATE –  31 October 2019 

on

BREXIT Horizon 

 

 

Always Remember

Focus  carefully on  Every  New  BREXIT  News…

BREXIT Words can do Everything with UK POUND in Minutes…!!!

Now with Boris Brexit Motive…

 

RISK ON & RISK OFF WAVES STRIKE FAST

Special on UK Pound on BREXIT Master Motive 

 

never forget

BREXIT – EURROZONE Political  Risk Path…

after more than 3 Years after BREXIT Vote  still  dominating BREXIT UNKNOWN ABBYS…

&

That’s the Political Risk Lesson for  EUROZONE & EURO…

 

 

GBP/USD  &   EUR/GBP   Monthly  Charts :

15.03.2019 – EOW

GBP-USD - M - Line

 

EUR-GBP - M - Line

9.08.2019 – EOW

GBP-USD - M - Line

EUR-GBP - M - Line

 

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