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KrunchieKilleen
Jun 22, 2016 5:54 PM

GBP/USD: BETTING ON BREXIT Long

British Pound/U.S. DollarFXCM

Description

Pollsters say it is too close to call. Punters favour a Remain result. If the Brits vote to stay in the EU, we should see a considerable spike tomorrow evening into Friday (green triangle), followed by resumption of the upwards slope from a higher spot. A vote to exit will bring a down-spike (red triangle), but this should be followed by a return to present levels, as the pound is under-value. My bet is on Remain..
Comments
KrunchieKilleen
Sorry; I am a bit ahead of myself. I should have said, "tomorrow evening into Thursday." A similar time-jump in my previous post.
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