harisonhbn9718

Sterling Pound has benefitied of the Brexit news!!!

Short
FOREXCOM:EURGBP   Euro / British Pound
Sterling Pound is a lot optimistic agains the Euro. We expect that Sterling Pound it's appreciated for the good speculate news about the Brexit!!!

Now, it's very important to read always fundamentals, becuase if you not read fundamental, we don't know any of it!!!

Now, in summary the trend is bearish, becuase Euro has bad news agains the Sterling Pound and we hope more drop this week

A good strategy is that as this par is moved a lot by economical calendars, we need to check out the London Session if there will being specualte news about the Euro and Sterling Pound in the London Session, but as this hour I'm sleeping and I'm in the New York Time, I can to see that maybe some countries as Germany or Spain is into the recovery of their economies.

So I put a sell order limit at $0.9087 GBP with the SL at 32 pips and take profit of 140 pips to pick down our benefit!!!

Good luck on this trade!!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.