I will start with this thread buy saying I dislike carney and much prefer draghi as there is no side stepping!!
I am expecting cable to fully tank as I traders have shrugged of carneys attempt to resurrect pound.
Today I have gone short cable.
I contemplated shorting eur/usd but I feel the bulls are still lurking and its not far of 1.18.
Ideally I may hold this cable short until the employment data which we have next week.
Update: I also went long USD/MXN with profit target being the daily pivot
I am expecting cable to fully tank as I traders have shrugged of carneys attempt to resurrect pound.
Today I have gone short cable.
I contemplated shorting eur/usd but I feel the bulls are still lurking and its not far of 1.18.
Ideally I may hold this cable short until the employment data which we have next week.
Update: I also went long USD/MXN with profit target being the daily pivot