My Current Active Open Trades: EURUSD, NZDCAD, EURGBP, TSLA, VXZ & 1 Vanilla FX Option (AUDUSD)
Make sure to watch my latest video on the Brexit vote, and how I’ve been trading it before, during and after.
GBPUSD – Bearish After Brexit, Looking to Sell (1hr chart)
After a 16 standard deviation move on a daily basis from the Brexit vote, the GBPUSD has attempted to stabilize while remaining under selling pressure. The intra-day low was around 1.3250, which produced an ~750 pip bounce just shy of the 1.40 big figure.
With the uncertainty surrounding the UK, capital will likely leave, thus having a negative effect on the GBP across the board. Hence I’m looking to sell the …... Keep reading