If in the France, everything goes fine and Macron or Fillon will be vs Le Pen, then the EUR will be stronger and pound weaker, next week ( and making also a small rally in the stocks in Europe and maybe in US --- earnings season).
Then this would be a chance to open one more time a long position in the pound.
A level of 1.2660 - maybe reached.
Region 1.2660 - 1.27 would nice region to re-enter position in the pound.
I generally think that election are good for UK, because they make UK more politically aware which is generally good for their country.
Then this would be a chance to open one more time a long position in the pound.
A level of 1.2660 - maybe reached.
Region 1.2660 - 1.27 would nice region to re-enter position in the pound.
I generally think that election are good for UK, because they make UK more politically aware which is generally good for their country.
