I'm still riding the big Brexit trade. Probably until the end of this year, other fundamental factors, like US elections and Federal Reserve rate hike will drive some of the FX majors in to the opposite direction, which didn't started yet and timing is running out.
I'm Looking forward for a big bounce in USD/JPY and GBP/USD. Maybe GBP/USD is not going to produce significant correction that I'm so eager to catch. But USD/JPY shows much better potential. USD/JPY have two places for a reversal to happen, one is around 101.50's and the other around 99.50. Pound seemingly wants to make another historical low before deciding if and how high it should go. My strategy is to cautiously sell Pound towards 1.1900 mark and buy it just bellow it - around 1.1850's with 1.3x target in mind.
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