While the dollar is resting I've been looking at opportunities elsewhere and no place better than GBP. Today's UK GDP has come in at 1.2% down from 1.8% last time. Given that the UK is preparing for a No deal Brexit and the EU are refusing to re enter negotiations I can only see down side for the Pound. Naturally we have to find suitable currencies to trade against and find an entry set up that meets our strategy. None-the-less look for shorts on GBPCHF and GBPJPY.
This is not investment advice
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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.