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ByDHTaylor

EURGBP, shorting with protection

Euro / British Pound (FX:EURGBP)  
ByDHTaylor  
FX:EURGBP   Euro / British Pound
3
0
EURGBP is too high considering the fundamentals and potential of the Bank of England to end their QE. Comparatively, the ECB is dovish and will keep its program for some time. IF BoE does announce changes, EURGBP will collapse.

I am shorting with an options position. A naked spot trade bears too much risk.
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