Will see a big rise next week12 May 2019 14:02
We’ve had two weeks of suppression against excellent volume, buys outstripping sells and many delayed large buy orders eg one circa 118k - the trend for next week has got to be up. Pressure was obvious last week and I think once it breaks 0.37 again we will quickly move to the 0.40’s again and visit 0.50’s.
People banging on about Ramadan clearly don’t understand how the market works and is just a silly deramping tactic. Guys you’ve had plenty opportunity to get in at a decent level before now. The upwards trend of the re-rate will continue imho beginning Monday.