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Short

Sterling Ahead Of Brexit

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
Not long to go as the UK cruises towards Brexit. Does anyone else think that that we will exit the union? However it turns out I think the UK has bigger problems, inflation and monetary stimulus being two of them. Inflation is less than impressive and the £375 billion easing program seems set to continue. Unless the markets are truly rigged, then we should see the Dollar steadily gain value long-term.

I am doing short trades on this one, my P&F right now (15min) is bearish at the moment. Curiously, the EURUSD one turned bearish on me as well, so I am looking for quick shorts. I will take a look at the longer timeframes, this one is volatile, and as you said with there are other variables in play.
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TradersClub PRO rod.botovchenco
6 months ago
Well done on the quick shorts. Volatility is a joy if you are trading Vanilla Options. The spot traders on the other hand never find it fun.
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