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marcusraiyat
Mar 28, 2019 1:53 PM

GBPCHF 1:3 Risk Reward Short (May take a month)  Short

British Pound/Swiss FrancFXCM

Description

GBP Short Bias
- LogicStrategy Quant score seen consecutive days of economic contraction for Great Britain. (-7) on the 26/03 and (-4) on the 27/03

CHF Long Bias
- LogicStrategy Quant scores saw a huge (+25) shift from 38 to 63 - showing continual swiss strength.

This idea suits the uncertain agenda for the british economy - with the institutions moving cash flow from uncertainty to safe-haven assets (CHF)

Comment

GBP Score update = -3

CHF Score update 38
Comments
Eren_Jaeger_Trader
I quite like this considering the news on the 29th can push it down
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