Long term....gbp is pricing 2 risk. Brexit and negative rates. Negative rates can materialize if no deal goes on.
If they agree a brexit deal, Next year it could go to 1.40.
Current range is aroung 1.24 and 1.36. Taking out crazy sell off in march to 1.14
Right know, over 1.31 good place to sell, below 1.29 good place to buy.
If you believe in that any pullback to 1.28/27/26/25 are good price to buy long term.
If they agree a brexit deal, Next year it could go to 1.40.
Current range is aroung 1.24 and 1.36. Taking out crazy sell off in march to 1.14
Right know, over 1.31 good place to sell, below 1.29 good place to buy.
If you believe in that any pullback to 1.28/27/26/25 are good price to buy long term.
Twitter: Rummer_grapes
4