jaydtrades

British Pound - Breakout of Range

Short
CME:6B1!   British Pound Futures
A ton of markets have been range bound these past few months and we're finally starting to see evidence that some of these ranges are going to break. British Pound is providing a great opportunity short as it breaks below it's range. A lot of potential to the downside with no solid demand coming in until much further below. Could see a breakout today and into next week. Get those shorts ready!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.