The pound has collapsed and the $AUD is falling in sympathy.
The pound has just dropped 230 ticks in as many seconds on an Exit poll showing a Hung Parliament.
All very shocking but it illustrates the opportunities trading FX rather than the spec stocks who all seem to be collapsing.
Yes I am short as a Tory majority was firmly baked in, recall Trump and Brexit.
$AUD IMO will fall further to from where the rally started on June 5th at 1.7370
DYOR all IMO.
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