Is now the time to invest in the £ on forex market?

Disclaimer: The article written is based on my own perception of how things are going and should be not be misinterpreted as advise as I am not qualified to do so.

Given the massive amount of short selling following the UK’s decision to leave the EU is now the time to invest in the £? It should come as no surprise when the UK voted to leave there would be a downturn in the £ as investors move their money to protect them from the risk of uncertainty. It should come as no surprise that the globalists out there were sharpening their knives in anticipation either. I wonder if Mr Soros once again made significant profit from the fall in the £?

Now that David Davies, Secretary of state for exiting the European union has been negotiating with Michele Barnier who is the EU equivalent there is now a clearer idea on what Brexit looks like. As the news starts to filter out investor confidence starts to return. And with the weakness in the US dollar it’s looking likely GBP/USD will continue upwards.

On the January 15th, 2017, we saw the GBP/USD at 1.2 and now it is a 1.32.

https://s.tradingview.com/x/6S5VtneK/

However, if like me you think it is only matter of time before government debt starts take effect not just in the UK but Globally too, then the window of opportunity may only be brief and not to mention the risk of a stock market crash which is looking more likely as time progresses. A stock market crash will change the picture once again.

In my previous article I mentioned how the economist magazine predicted in their 1988 publication the fall of fiat currencies and the beginning of a World currency.

https://steemit.com/money/@freedom-channel/a-new-world-order-and-a-new-world-currency-in-2018

If you like this article please upvote, follow and resteem.