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constantpip
Mar 31, 2016 6:13 PM

Short GBPUSD Short

British Pound/U.S. DollarFXCM

Description

1) BREXIT is still in place & we don't have any improvement in Brexit Polls
2) Brexit weights on all the other macroeconomic indicators of UK economy. The latest Current Account data widdening beyond expectations.
3) Dollar has shown its potential weakness and we should bounce from this lows.

We will keep selling Pound with first target 1.4250 and second 1,4150.

PS: a bigger stop loss is in place only because of NFP on 1st of April 2016.
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