Todd Gordon, co-head of research and trading at Aspen Trading Group, says he thinks the trade is "right on," noting that the pound and the dollar have just broken out of a three-year trading range. "That's Rebecca's entry, take the profit down to 1.48, but we're talking long-term implications around 1.30 on the break of this pattern," he says.
You can watch the discussion on this video.
Melissa Lee Profile
MULTI CURRENCIES v The Dollar
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