Weekend Analysis – EURGBP – A Waiting Game
If ever a no deal Brexit kicks-in at the end of March 2020, trades between the UK and EU will fall under the WTO Terms. Seriously think that not all hell will break lose as what people expect.
If ever a no deal Brexit kicks-in at the end of March 2020, trades between the UK and EU will fall under the WTO Terms. Seriously think that not all hell will break lose as what people expect.
GBPJPY has been consolidating for weeks. Only Harmonic Trading will give you trading opportunities with ‘high’ probabilities during such consolidation. See the H1.
RBA has been down grading the Australian GDP growth for many years, giving me an indication that the issue is serious and more long lasting.
The pair again got resisted at the highs and dropped as expected. Expecting another leg down after this pause.
With the Brexit saga still on going. the UK is being given additional time to sort out the deal. We now have a new ECB Chairman, Christine Lagarde, at the helm.