Hi,
yesterday I decided to finally get out of my positions and was looking for other opportunities. GBP looked overbought to me, and therefore I have opened 4 short GBP positions, which proved to be a good short-term decision.
The question is how deep can GBP go, my expectation is, that we could go as low as 1.42 and other pairs like GBP/JPY will follow.
Wish you all a great weekend.
Best Regards,
Juraj
yesterday I decided to finally get out of my positions and was looking for other opportunities. GBP looked overbought to me, and therefore I have opened 4 short GBP positions, which proved to be a good short-term decision.
The question is how deep can GBP go, my expectation is, that we could go as low as 1.42 and other pairs like GBP/JPY will follow.
Wish you all a great weekend.
Best Regards,
Juraj