I am currently in a pretty large short position (I've posted about it earlier) and I am still anticipating a hefty drop in Sterling, amidst Brexit noise. I see a very uncertain area on my graph (with the question mark) where I feel momentum will not push GBP any further than that initial resistance. Therefore, I maintain my short position, aiming for 1.30 - 1.28, God Willing.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.