GBP/USD sells for the next deflationary event in the USD (Crash)
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During the major market crashes like the 2008 or march 2020 crash we can see deflation in the USD, this means stronger USD.
Stonger USD could mean GBP/USD price will fall.
I would think the next insolvency crash is bigger then the Liquidity crash in march 2020.
This could be a indication that prices will at least fill the lows from March-April 2020.
From the Technical side the trendline and the Divergence would indicate a sell off.
During the major market crashes like the 2008 or march 2020 crash we can see deflation in the USD, this means stronger USD.
Stonger USD could mean GBP/USD price will fall.
I would think the next insolvency crash is bigger then the Liquidity crash in march 2020.
This could be a indication that prices will at least fill the lows from March-April 2020.
From the Technical side the trendline and the Divergence would indicate a sell off.
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