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August 21, 2020 | EUR/GBP Chartview – 240-Min and Weekly…

Jack has over 20 years experience in the currency, equity, and futures arena. He is an investment advisor who has held key positions in brokerage, money management, trading, and research. Jack is founder and president of Black Swan Capital LLC. He was also founder of Ross International Asset Management (specializing in global stock, bond, and currency asset management for retail clients) and General Manager of Plexus Trading (specializing in currency futures and commodities trading).

What if the pound outruns the euro as the US dollar breaks down? Given the extreme long positioning in the euro, measured by CME currency futures, and the negative positioning as of last Friday for the pound despite its rally, out-performance of the pound would not surprise. I.E. there is a lot of positive sentiment embedded in the price of the euro, not so much in the pound.

081820 eurgbp.png

…and what if the UK economy surprises to the upside once the shackles of EU regulation are cast off?

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August 21st, 2020

Posted In: Black Swan Currency Currents

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