GBPUSD Post Brexit Today

Although I said I am likely a buyer of GBP in July, let’s see – Steven Barrow, head of Group-of-10 strategy at Standard Bank. “So far, in terms of sterling-dollar, we’ve seen half the decline we’re likely to see this year.

If you are looking at staying out of the fray – consider non-GBP non-USD trades; smaller bets; and broader directions eg I remain for the moment negative GBP.

gbpusd27junemonthly

For me at the moment, it is about getting the right time frame which catches the trends in the short-term…

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