An update to EURGBP for BOE

2019년 3월 21일

Now is a good time for a quick chart update ahead of the BOE and Brexit countdown.

PM May playing politics with a "Queens Gambit"….by asking for the short-extension till the end of June she is trying to force MPs hands to vote for her deal... Options from the EU are still either for (short) Mid-May or (long) lasting into 2020. The risk scenario which will send Pound flying down across the FX board is that the EU reject an extension.

We are tracking the same flows towards the top of the range here, and confidence is increasing after the break yesterday. The damage is almost done technically, a rally through current levels will leave us past the point of no return.

The first targets cleared and now 0.8841 remains the second target which is in play as early as this week. Well done everyone riding this one from the lows, it's not the time to start adding longs if you are not already positioned.

Best of luck!

2019년 3월 21일

노트

For those tracking the start of the move..

2019년 4월 4일

노트

An update here as we approach the final week:

2019년 7월 9일

노트

We got the break above 0.90!

2019년 7월 29일

거래청산: 타겟 닿음

Finally... well done all who managed to hold for the entire move. A very good trade.