On July 2017 I published the long term risks associated with the British Pound once we would reach the pre-Brexit USD fx rate. Nearly 1 year later we are now in the pre-Brexit zone. I think late spring/early summer will reignite the bearish trend lower. I am not short yet. I am waiting for a break of the curve or high 1.40s (>1.47).
July 2017
July 2017
Komen:
Komen:
daily confirmed
weekly confirmed
Short from 1.4120
weekly confirmed
Short from 1.4120
Dagangan aktif
Komen:
+1100 pips so far.
Dagangan ditutup: sasaran tercapai:
Profit taking time. Closing shorts, now looking for longs.
Komen:
Beautiful reversal from targets. Went long at 1.30xx
www.tradingview.com/x/
I am prepared to short if the right price action signals it.