I quite like the risk-reward associated with EUR/GBP at current levels and I am starting to re-build my long position.
I don’t have any targets in mind just yet. I will keep positions very small whilst the market develops and hopefully build a long position off if a .7750/.7800 base eventuates.
Cable has solid resistance levels near 1.4650 and I suspect that many of the speccy pre-referendum GBP shorts have already been culled (though I have been wrong before )
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