Euro / Pound InggrisPenjualan
The timings of the crash and EURGBP downtrend
On the timings of the crash: I expect the crash in Treasuries and Stocks happen at the same time, and logically the base FX pairs and EUR crosses should follow too.
In EURGBP (and other crosses) a big move is waiting to happen in wave 3 (wave 3 of 3?) down. The speed should be 800-1000 pips per month, similar to March 2020. And I think this will be aligned with the rest of the crash. Also remember that VIX spikes above 50 didn't take more than 2 months since 2008.
So, I think February-March looks promising, possibly leaving April for some aftermath.
In EURGBP (and other crosses) a big move is waiting to happen in wave 3 (wave 3 of 3?) down. The speed should be 800-1000 pips per month, similar to March 2020. And I think this will be aligned with the rest of the crash. Also remember that VIX spikes above 50 didn't take more than 2 months since 2008.
So, I think February-March looks promising, possibly leaving April for some aftermath.
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