GBP - As Harder Brexit entered the Fold in January...The prop into the SELL appeared after the Blokes obtained their Fill
and ranged it for many months.
It is now attempting to ward off the Death Cross which would imply
the 115s IF/When it snaps.
It would be spectacular to see one more Run to 142s prior to it
letting go.
The GBP has nasty squeezes
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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GBPN2024
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Frequently Asked Questions
The nearest expiration date for British Pound Futures is Jun 3, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell British Pound Futures before Jun 3, 2024.