Posts

Massive Increase In Volatility: Sterling Jumps 180 Pips This Morning

Dear Traders,

Watch out for extreme volatility in the British pound with only two weeks to go before the U.K. referendum. Today’s sharp rise demonstrates the enormous potential despite uncertainties surrounding the U.K. vote. Only this morning we saw a higher likelihood for upcoming bullish momentum if the cable was able to break above 1.4480 but the cable came up first with its strong upward move before we published today’s analysis. The British pound has soared within seconds by 180 pips towards a high of 1.4661 but was not able to hold onto its huge gains. The currency pair remains vulnerable to high-volatile swings and traders should be prepared for huge breakouts at any time.

View our daily signal alerts http://www.maimar.co/category/daily-signals/

Subscribe to our daily signal service http://www.maimar.co/signals/

We wish you good trades and many pips!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2016 Maimar-FX.

www.maimar.co