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Monday, 4 July 2016

GBP/USD to rise from this bottom

There's the bottom! The Great British Pound (following its BREXIT plunge) rises from here. However, for the next few months, the old bottom becomes the new top, perhaps.

Ryanair shares recovery: profit opportunity

The severe drop in the price of Ryanair shares on Thursday 23 June 2015 was undoubtedly due to the LEAVE result in the BREXIT referendum.
What are the chances that this result will have an immediate negative result in the company's fortunes? I would say: practically none.
I, therefore, expect a continuance of the recovery that occurred from 23 Jun to 1 Jul.