ridethepig | GBP Market Commentary 2020.06.15
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:
![ridethepig | UK Elections [LIVE COVERAGE]](https://s3.tradingview.com/c/cZEkRhfo_mid.png)
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.
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.
Transaction en cours
Trade fermée: ordre d’arrêt atteint
Damn a double zig-zag to run stops... well played bulls.Note
Painful...
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.