$FTSE in USD Parallel Channel
Updated
Much has been made in the British press about 
FTSE running inversely to 
GBPUSD because it is in reality a USD index. Certainly the path is much clearer in USD. To trade this, you have to buy FTSE and sell GBPUSD to create a synthetic.
FTSE running inversely to GBPUSD because it is in reality a USD index. Certainly the path is much clearer in USD. To trade this, you have to buy FTSE and sell GBPUSD to create a synthetic.Trade closed: target reached
Not bad, not quite as strong as I expected. Closed now.Related publications
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