Looking for short on spike around .92-.9300 area

Should brexit impact only pound it should impact euro as well, the all time high is at .9700. Given the price trend of last five years and interest rate differentials widening due to anticipated eurozone rate cut, euro/gbp doesn’t look like going far even if hard brexit happens ! So i would look for building short for massive drops !

Yorum:

Took first short around .923 and looking to build another on .9300

Yorum:

The impulse down has started , hang tight until .9000 level is reached

We shall see more action on pound after british parliament opens in first week of September

Yorum:

Taking profit at .89100 prior to ECB press conference tomorrow