GBP Volatility is dropping off back down to the floor that is firmly set at 6.00
This has been a strong support for pound volatility for years now so buying GBP Vix at this level should provide relatively good gains from a bounce up to 16.00. It could go higher if there is new trade tensions with Europe and the Brexit saga continues
This has been a strong support for pound volatility for years now so buying GBP Vix at this level should provide relatively good gains from a bounce up to 16.00. It could go higher if there is new trade tensions with Europe and the Brexit saga continues
Note
No trade until 6.00 level is reached.Trade active
GBP Volatility finally reached 6.0. Long position triggeredNote
TP1 @ 16.00 smashed.I believe this has a lot more to go
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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.