marcusraiyat

GBPCHF 1:3 Risk Reward Short (May take a month)

Short
FX:GBPCHF   British Pound / Swiss Franc
GBP Short Bias
- LogicStrategy Quant score seen consecutive days of economic contraction for Great Britain. (-7) on the 26/03 and (-4) on the 27/03

CHF Long Bias
- LogicStrategy Quant scores saw a huge (+25) shift from 38 to 63 - showing continual swiss strength.

This idea suits the uncertain agenda for the british economy - with the institutions moving cash flow from uncertainty to safe-haven assets (CHF)
Comment: GBP Score update = -3

CHF Score update 38

Comments

I quite like this considering the news on the 29th can push it down
Reply
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