Brexit would likely pressure EUR/USD towards the bottom of its range.
The 5 vol spread between cable and EUR/USD volatilities makes the latter a cheaper proxy for investors still looking for hedging solutions. EUR/USD skew appears rich compared to the volatility, strongly suggesting put spread-like trades.
We recommend Buying a 3m put ladder with strikes at 1.07/1.06/1.00.
Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105
