GBP/USD (08OCT17) Short opportunity @ 1.3101

8 thg 10, 2017

Sell @ 1.3101
Tgt1: 1.2867
Stop loss @ 1.3207

"With Brexit talks due to start again this week, one-week volatility on the pound is higher than one- and three-month gauges. That suggests investors see more dramatic moves for sterling in the near term. Meanwhile, one-week risk reversals have turned bearish on the currency."-Bloomberg

bloomberg.com/news/articles/2017-10-08/pound-could-go-from-bad-to-worse-as-may-drama-dominates-mood

Events to look for:
-11/10: JOLTS Job openings
-12/10: PPI
-13/10: Retail sales