From: Richard Kahn Sent: Thursday, July 28, 2016 4:52 PM To: Jeffrey E. Subject: The pound could bottom out at $1.20 if the BOE cuts rates next week if you agree with story shall i have DB price some risk reversal options? http://www.marketwatch.com/story/the-pound-could-bottom-out-at-120-if-the-boe-cuts-rates-next-week-2016-07-28 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 1 EFTA_R1_01410625 EFTA02388520