New Plan for USDGBP: UK Post-Brexit Data Continues to Confound

I am probably going to give UK data predictions a rest seeing that it comes out quite interesting 70% of the time. Then I will stick to other countries.

Here is my technical plan for UK data. I will most likely join the banks and non-commercials and short the pound again and stay long the US Dollar. I believe that the GBPUSD still will go to 1.26 in the long run.

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Retail Sales will be crappy for UK tomorrow:

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Of course... I have since switched my position short.....

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Total lack of interest s3.amazonaws.com/tra...shots/2/2Dq8cBYQ.png