jakeparkin
Short

Cable Short ahead of data release

FX:GBPUSD   British Pound/U.S. Dollar
I'm looking to short Cable at around the 1.4690 level. Reasons: we have some strong US data expected on Tuesday which should create some positive sentiment around the Dollar, and we also have CPI             coming from the UK which is expected to be flat. This coupled with the UK elections creates uncertainty in Sterling, and should give some negative sentiment.
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