I'm looking to short Cable at around the 1.4690 level. Reasons: we have some strong US data expected on Tuesday which should create some positive sentiment around the Dollar, and we also have CPI coming from the UK which is expected to be flat. This coupled with the UK elections creates uncertainty in Sterling, and should give some negative sentiment.
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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.