Hello guys, since the GBP is dropping big time since that the interest rates of 1.75% was the only way to save the currency from a giant drop.
What does this mean in short term and long term.
Short term: We're going to see alot of market manipulation trying to pull the currency upwards.
Long term: Interest rates does not work on the long term, at a slow pace we will see that the bullish phase will die out which makes the currency GBP drop.
If you have any ideas about this or tips please let me know in the comments.
What does this mean in short term and long term.
Short term: We're going to see alot of market manipulation trying to pull the currency upwards.
Long term: Interest rates does not work on the long term, at a slow pace we will see that the bullish phase will die out which makes the currency GBP drop.
If you have any ideas about this or tips please let me know in the comments.