FTSE 100 Can 2.5X versus the GBP
Updated
In Dollar terms.
We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before.
Here we have the FTSE 100 and the UK companies which have pricing power
versus #Sterling which we know is heading to sub $1
As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current levels!
British citizens are living in a inflationary nightmare.
A potential lifeboat is investing their way out.
NOT SAVING .. as saving in a ever worthless #Pound is only compounding your loss of purchasing power.
We have analysed the FTSE100 #UKX the GBPUSD and UK Housing on a big time frame scale before.
Here we have the FTSE 100 and the UK companies which have pricing power
versus #Sterling which we know is heading to sub $1
As we have expectations of the #GBPUSD to target 0.71 in a head and shoulders target close to a 50% drop from current levels!
British citizens are living in a inflationary nightmare.
A potential lifeboat is investing their way out.
NOT SAVING .. as saving in a ever worthless #Pound is only compounding your loss of purchasing power.
Note
Breaking out
Note
UKX v inflation index
constructive as well for a breakout imho
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