ridethepig

Selling Cable with incoming Dollar strength

Short
ridethepig Updated   
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
A simple trade here from a technical sense as market has overpriced the odds of Brexit being good for the economy. We are selling the highs in Cable one more time. A departure from the EU is sending this currency one way, and one way only.

On the USD side there is a lot of good news coming back in on the macro front and the FED will be questioned on hikes sooner or later. Expecting a move in Q3 so it's time to start pricing in more hikes on the dollar side and bad news on the UK side.

Good luck everyone in this live
Comment:
Brilliant moves from the cable assassins !!
Comment:
We are making this one look easy guys... well done!
Comment:
First targets have arrived, well done.
Trade closed: target reached

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