Trade_Wind

EURGBP Long Setup on Election Uncertainty

Long
FX:EURGBP   Euro / Livre Sterling
Having taken a big backstep against the pound this week following the announcement of a snap election by the UK, I believe the Euro could take a bounce back towards the top of the range (.87), should the French elect centrist Macron, most likely in a second round on May 7th.
Tight stops below most recent lows of .83, likely big volume coming in the next few weeks.
Clause de non-responsabilité

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