Interesting you are considering long positions on the pound. Fundamentally it seems more likely for May plus No deal to absolutely sink the pound especially as we get closer to Brexit 12th April and the house of parliament is in a total shit show, I've been watching closely and the markets are reacting more to Brexit than ever right now. I would be interested in discussing this further as I have been short on GBP/JPY last fortnight and plan to Short it further for the week ahead, I may have to consider an even tighter stop loss now?
RE: Forex Analysis Report 3/31/19 - Eyeing A Position Trade In GBP/AUD - Part 2
You are viewing a single comment's thread from:
Forex Analysis Report 3/31/19 - Eyeing A Position Trade In GBP/AUD - Part 2
The pound is definitely volatile these days, but I have to go with what the charts are telling me. Nice trade on the GBP/JPY, I wanted to short as well, but it never got to my zone at 150.50
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Touche, still room to move upward on your technicals and a so called "soft brexit", these bleeding "indicative votes" are a traders nightmare, typical english politics as well. Only good thing recently is big intraday moves I suppose.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit