GBP/USD jumped more than 150 pips on exit polls from the UK elections. These showed a strong showing for the incumbent Tories that are considered business friendly. The markets also like continuity. But this is far from a done deal.
Looking into the data, here are reasons to doubt the outcome. and the market reaction. Do we have a short opportunity on GBP/USD? Here are 5 reasons for a short on cable.
Read the rest of the article Sell opportunity on GBP/USD? 5 reasons