Brexit 2nd phase negotiation fears go the best of an already hesitant recovery
It was coming as I feared. GBP is getting hit vs all currencies today. GBPJPY dropped through 150.60 and 150.00 like a stone and never looked back.
Through 149.40 , we may be looking at 148.50 and 148.00 . I am till short ,putting a stop now just above 150.20. No need to risk more on a Friday
Reminder of decent option strikes in cable at 1.3300
GBPJPY D1 15.12.2017
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