UK Claimant Count Change

 Posted by at 1:32 PM  FX Market
May 192020
 

UK will be releasing Claimant Count Change today at 2PM (GMT+8).

Since market has been obviously artificially inflated by injecting unlimited stimulus, my call is to favour greed in this trade.

If GBP moves positively, short options would be GBPAUD, GBPCAD, GBPNZD.

If GBP moves negatively, long options would be GBPUSD and GBPJPY.

Basis of entry would be retracement to previous day’s range.

Trader H

TraderH is a foreign currencies trader and a former Certified Securities Representative in the Philippine equities market. All posts herein are personal views and are not endorsed by any organization whatsoever. It is important that you practice due diligence in your trade plans. This website and its authors will not be held responsible nor liable to any of the reader's losses.

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