Brexit deal on 31st of October will be highly unlikely, maybe there will be even a extension for a possible deal. Maybe there will be hard Brexit end of October. If it goes on like that, EUR/GBP remains bullish.
European Central Bank will have monetary policy decision on 12th of September with a likely stimulating package of rate cuts, longterm low rates and help for the banks. Depending on size of package, Euro will fall.
I will open 3 very small short positions on the resistance ans support line of last consolidating week, and a position on the next lower support.
What is your opinion? Please comment and share your thoughts.
European Central Bank will have monetary policy decision on 12th of September with a likely stimulating package of rate cuts, longterm low rates and help for the banks. Depending on size of package, Euro will fall.
I will open 3 very small short positions on the resistance ans support line of last consolidating week, and a position on the next lower support.
What is your opinion? Please comment and share your thoughts.