Volatility is back in Sterling
تم تحديثه
As everyone knows, the liquidity in Sterling has risen exponentially over the past few months due to Brexit and at the same time, Euro is collapsing and Fed has started to pause rate hikes for this year and is data dependent. Logically, if we see, Euro is on the verge of collapse and fundamental of the UK is still strong or rather better than the EU zone. Brexit, in my opinion (hard/soft), is better for the UK in the long run plus UK`s surplus will increase that could be divested properly into different sectors.
Overall, I see pound is a good buy against deteriorating global data : (Autralia: Housing and BAnking sector weak), Eurozone(completely rocked), US ( inconsistent since past few months) and Brexit: even a soft tone is enough for the push in pound.
Hence, on a short term, quid is a buy aove 1.3250 for 1/35 and SL : 1.3180
Overall, I see pound is a good buy against deteriorating global data : (Autralia: Housing and BAnking sector weak), Eurozone(completely rocked), US ( inconsistent since past few months) and Brexit: even a soft tone is enough for the push in pound.
Hence, on a short term, quid is a buy aove 1.3250 for 1/35 and SL : 1.3180
تم فتح الصفقة
Long Triggered from 1.3230 &50أغلقت الصفقة: تم الوصول لوقف الخسارة
تم فتح الصفقة
Second Long triggered @ 1.3180 with the same bias and anticipation of it reaching 1.35
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.