GBP/EURO – Maximising Your Euro Holdings
This chart could be used for perpetual swaps or could be of value to those looking to maximise their Euro holdings by positioning them temporarily into Great British Pounds.
The RSI and Parallel channel have been brilliant indicators of when to long and short the Great British Pound ("GBP") in Euro. The 200 week SMA...
=> The heavy selling we have seen here as a result of the 'relief rally' in sterling after expectations of a second referendum entered the picture. This fairy tale is starting to exit the stage via the fire exit and we are heading back to reality.
=> This means that the odds of a no-deal Brexit outcome are going to once again take the spotlight and we are set for...
