I am shorting GBP at the beginning of the tournament as I believe that there should be some pullback in GBP/USD and
subsequently in other GBP-crosses
Technically GBP is too high - at overbought, and should show retracement to the downside
Fundamentally there could be some shift to make this possible, as there is some growing uncertainty in UK about the government path and the economic strength in the UK
Moreover, there is the question of growing interest in USD, and US economic strength that cou…
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