GBPUSD. Brexit/Bremain strategy

22 Jun 2016

If Brexit happens, is Parity possible?...

If Bremain, 1.50 possible tomorrow and 1.60 next week.
If Brexit, first targets are around 1.34.

Beware of the spreads and possible Central Banks interventions!

Good luck!

24 Jun 2016

Nota

Brexit crushed GBPUSD to 1.30. When the storm calms and all leverages and requirements settle it will be a great opportunity for buying the Cable!

The only good part for the UK in this is that GBP will become yet another safe heaven currency

24 Jun 2016

Dagangan aktif

Shorted GBPUSD at 1.39, targeting 1.30, SL: 1.43

12 Jul 2016

Dagangan ditutup: sasaran tercapai

Forgot to update this position. Closed at 1.29

The pair has moved up since yesterday and now fully depends on BOE decision on Thursday. Mike Carney hasn´t told anything specific today, "chatting his chat" as Bloomberg said. I expect some partial measures on Thursday: BOE won´t touch the interest rates but will increase their QE. Or vice versa...

Basically, there may be one more wave down, targeting 1.26-1.25 and that will be a very nice moment to buy GBP as a long-term investment!