GBPUSD: Short it
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Stop can be placed above recent highs, or a tad higher...
Brexit hopes pushed it to very extreme highs, it's bound to mean revert. At the very least back to the start of the last rapid rally, possibly down to new lows.
Cheers,
Ivan Labrie.
Brexit hopes pushed it to very extreme highs, it's bound to mean revert. At the very least back to the start of the last rapid rally, possibly down to new lows.
Cheers,
Ivan Labrie.
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I covered in profit recently, but didn't udpate all FX posts. Dollar weakness is a red flag here, I'm looking at currencies closely, there might be an opportunity in a big trend reversal accross the board in the dollar.
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