Day trade
Trade view / 14 June 2016 at 10:18 GMT

UPDATE: GBPCAD may not bounce into FOMC

FX Consultant / IFXA Ltd
The original trade idea expected GBPCAD to rebound following the selloff seen in Europe and Asia on Monday. To a certain extent it has, but the rally has been unimpressive. Today's news that the implied probability of the "Leave" sign prevailing in the referendum have risen to 39% according to bookmaker odds doesn't bode well for this idea.

This trade idea is too much of a crapshoot and should be closed at the current market (1.8200) for a tiny gain (but a gain of 0.0022 points nevertheless).

— Edited by Michael McKenna

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14 June
Estuardorlemus Estuardorlemus
Thanks for the update


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