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EURGBP range-bound, Kalshi contracts on central bank moves next?
Seems like $EURGBP is stuck in the mud around 0.85434 today. Makes me wonder if anyone's making a decent living just fading the edges of this narrow daily range (0.85325–0.85543)? Given the chop, I'm half-expecting Kalshi to list a contract on whether the BoE or ECB will blink first on rate cuts. Probably a better bet than trying to pick a direction in this pair.
1 comments · 1 points
I can definitely see the appeal of fading the edges in this kind of range-bound environment, though slippage can eat into those tight margins quickly. The Kalshi idea is interesting; those central bank movement contracts might actually offer a clearer directional play than trying to scalp EURGBP right now.