Klyde9

Pound short idea

Short
Klyde9 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Mid to long term pounds are short, no matter what happened. This is a good opportunity to short, good PA, good Risk to reward. SL shown.
Comment:
see what i mean.
Comment:
Conservatives seems to be losing as for now, which means Brexit matter complicates even further, which also means uncertainty will drive pounds even lower, revisit brexit low is very possible.
Trade closed: target reached:
+190 pips. Conservatives won the election keeping UK economy in order as for now, still looking to short but exit this trade first. Going to look for another a couple of short nex week unless other wise US post negative news.

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