My picks: Neutral GBP
Expertise: Fundamentals Combined With Technicals
Average Time Frame of Trades: 1 Day - 1 Week
While I believe the fundamental outlook for the UK remains highly bearish, extremely choppy price action throughout the FX markets leads me to believe that there are no promising GBP plays at this time.
Since I've been focusing on JPY lately, the latest pullback in the low-yielders has knocked out many of my trades, including my short GBPJPY and short EUR/JPY positions.
