Intermediate Trade: FXB Real Money Pro($)

Consider a short put spread in this British pound ETF.
It just keeps getting weaker.
Stops are based on maximum risk tolerance; profit taking can be, too.
BOJ stimulus speculation is heating up amid a selloff in the currency.
The Bank of England and politics could push sterling even lower.
The level of fiscal stimulus from the U.S. is huge, and that's bullish.
A bullish flag pattern projects the dollar index to fly higher.
The pound has more than discounted a shift in British fiscal policy given the level where it is.
If you missed a move in gold, take a look at the Swiss franc. 
The signs are pointing up.

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