Tactical shorts in GBPUSD

2020-03-05 13:43:54

$GBPUSD There is a massive window that I dont find a reason why shouldnt be filled,

1. Brexit uncertainties still hanging and will be for a long time

2. Coronavirus still has no major impact in the UK

3. really no other reason for BOE to hike for a long period of time, on the contrary there is scope and extra pressure to cut rates soon

so with all that in mind we see a tremendous shorting opportunity in the cable with 2-3 months time frame to manifest #forex #trading #forexmarket #traders #euro #fed #bonds #gbpusd #markets #investing #usd #fxtrading #currency