captain_smollett

GBPUSD. Brexit/Bremain strategy

FX:GBPUSD   British Pound/U.S. Dollar
If Brexit happens, is Parity possible?...

If Bremain, 1.50 possible tomorrow and 1.60 next week.
If Brexit, first targets are around 1.34.

Beware of the spreads and possible Central Banks interventions!

Good luck!
Comment: Brexit crushed GBPUSD to 1.30. When the storm calms and all leverages and requirements settle it will be a great opportunity for buying the Cable!

The only good part for the UK in this is that GBP will become yet another safe heaven currency
Trade active: Shorted GBPUSD at 1.39, targeting 1.30, SL: 1.43
Trade closed: target reached: Forgot to update this position. Closed at 1.29

The pair has moved up since yesterday and now fully depends on BOE decision on Thursday. Mike Carney hasn´t told anything specific today, "chatting his chat" as Bloomberg said. I expect some partial measures on Thursday: BOE won´t touch the interest rates but will increase their QE. Or vice versa...

Basically, there may be one more wave down, targeting 1.26-1.25 and that will be a very nice moment to buy GBP as a long-term investment!
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out