fuse-forex

GBP crosses are in the zone again.

FX:GBPUSD   British Pound / U.S. Dollar
Look to get short GBP exotics... I like GBPCHF short the most but many are setting up. The advantage of this situation is that the GBPUSD sits at a good support level, meaning if you can hedge by going long GU and then short some of the exotics. At least that's the simple explanation. Quick note, we are looking to get into GBPCHF and other exotics for way more downside that what is posted here, but short term these are the new key levels.
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.