The British Pound Is No Longer an Empire

The British pound sold off to a record low relative to the dollar. This is seemingly in response to a plan that's coming out of the UK from the new Trust Administration there, which is essentially tax cuts. The key thing I like to point out is we will at some point get a dollar correction, but it typically the dollar never goes down unless it goes up a lot first and retraces. That's just what I call them during bull market for the dollar and during bear market for crude oil. We've seen cryptos are top indicator because they're so widely traded on the planet.

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