Tag Archives: British Pound

Stopped Out Of Pound And S&P

We are out of our S&P short at 2604.  Totally mistimed the positive China stimulus rhetoric overnight.  Can’t win them on.  Clearly, new market psychology for new.  Look to sell higher unless decisive break about 2650.   On to the next … Continue reading

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Sterling Set For Interesting Week

Prime minister Theresa May brings her Brexit deal to parliament on Tuesday, which is widely expected to fail.  The government will cushion the blow by removing the potential for a do deal BREXIT, in our opinion.   We believe the PM … Continue reading

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File Under: You Heard It Here First!

See here and here. #UK hedge fund maganger Odey says he's betting on the pound to rise, predicting #Brexit won't happen: Crispin Odey manages Odey Asset management and he's putting his money on the UK not leaving the EU, according … Continue reading

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Adding To Britsh Pound Trade

Taking cable right here at 1.2670 (March).   Stop at 1.2470.    Target 1.35. Looking for positive BREXIT news: either Corbyn caves and supports a new referendum or soft BREXIT potential emerges.  We do recognize the risk of big volatility to the … Continue reading

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