12TH. ANNUAL STERLING BLOG POST KING CHARLES LEGACY A BULLISH GBP/JPY!
This year my blog post will be less mystical it is known who the 1% are & we know the Queen past this year & what Sterling did for 60+ days after her burial, it was overall bullish however Sterling did retrace bearish in December 2022. What's next, Sterling will not be affected by the global financial market recession, perhaps GBP/USD will have more of a challenge for a bullish trend due to the fact that USD is the reserve currency of the World & the war in Europe. The global financial crisis is a cover for Sterling to continue to retrace bullish from Brexit. Sterling is retracing from Brexit, Sterling vs. the Yen is the strongest Sterling bull since the support low of Brexit, with the war involving Russia continuing, GBP/JPY will show the strongest Sterling bull. I will list support & resistance levels for a few Sterling pairs that historically show a high degree of accuracy.
GBP/AUD: 1.8200 BULLISH support begins.
GBP/NZD: 1;8911 1.9031 1.9232 1.9392 (1.9641 BULLISH support begins) 1.9710 1.9772
1.9871 1.9980 2.0081 (2.0216 MAJOR BULLISH SUPPORT LEVEL)
GBP/JPY: (148.25 Major) 151.50 159.50 165.50 (171.50 Major) 175.50 (186.00 Major)
(198.00 Major)
GBP/USD: 1.3100 (1.3600 Major) 1.3800 1.4275 (1.5000 Major) (1.5400 Major) 1.5775
(1.6450 Major)
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Mr. Gregory Cornell Johnson Jr.
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