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UnknownUnicorn5130986
Aug 13, 2019 8:24 PM

Sterling and The Inevitable Truth Short

Euro Fx/British PoundFXCM

Description

Hi Traders.

Here we got FX:EURGBP which has rallied since early 2019 once again on BREXIT "fears".

You will notice that since the Brexit vote, the Pound suffered a major selloff over the past 3 years, making me think that a hard brexit has already been priced in. Besides, we all know that Britain is 100 times better off out of the European Union, any negative effects will be temporary and with the amount of money hidden on those beautiful BVI islands that we all love so much, they will be ok.

Im bullish on the pound and bearish on the euro, next up to leave? perhaps Italy, France...?

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BEAUTIFUL FALL

Trade closed: target reached

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