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ridethepig
15. Jun. 2020 09:34

ridethepig | GBP Market Commentary 2020.06.15 Short

British Pound / U.S. DollarFOREX.com

Beschreibung

The long run positional struggle for buyers which comes from their immobility to find positives in the Brexit debacle. It is extremely important to note the coming years of UK growth are harmed via the presence of protectionism, the fundamentals have widely been discussed here:



With Brexit headlines entering back into play, focus will shift towards NDB repricing as there is little encouragement to see here. The GBP is getting hit badly as expected all last week with EURGBP flirting with the break above 0.90x again. Actively looking to add cable shorts on any rallies into 1.255x. Look to target 1.237x below with stops above 1.265x.



Trade ist aktiv

Trade geschlossen: Stop wurde erreicht

Damn a double zig-zag to run stops... well played bulls.

Kommentar

Painful...
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