By SIMON CONSTABLE
The British pound looks set to break out soon. The only question is whether it soars or crashes.
Either way, savvy investors could profit by purchasing options on exchange-traded funds.
Range-Bound Pound
For the last six months, the value of the pound has fetched between $1.26 and $1.32, according to data from Bloomberg. It was recently trading just under $1.32. Read more here.
The British pound looks set to break out soon. The only question is whether it soars or crashes.
Either way, savvy investors could profit by purchasing options on exchange-traded funds.
Range-Bound Pound
For the last six months, the value of the pound has fetched between $1.26 and $1.32, according to data from Bloomberg. It was recently trading just under $1.32. Read more here.
Photo by Christopher Bill on Unsplash
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