- sterling getting knocked against everything
- the market will have no qualms selling
- if anyone took the eurgbp pair looks like a keeper
- Uk news just keeps getting worse and worse so expect this to continue and don’t fade the trend (similar to USDJPY) – watch for short squeezes but sell rallies
- however if you in the money and unsure the ‘grab the money and run’
Beware being caught long sterling pairs, the market may be short but it wants to be
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