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SteveNixon
Aug 9, 2019 10:53 AM

No deal Brexit and 1.2% GDP Short GBP? TR#324  

S&P/ASX index of Australian listed sharesFXCM

Description

While the dollar is resting I've been looking at opportunities elsewhere and no place better than GBP. Today's UK GDP has come in at 1.2% down from 1.8% last time. Given that the UK is preparing for a No deal Brexit and the EU are refusing to re enter negotiations I can only see down side for the Pound. Naturally we have to find suitable currencies to trade against and find an entry set up that meets our strategy. None-the-less look for shorts on GBPCHF and GBPJPY.

This is not investment advice

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Have a great weekend

Steve Nixon
logicfxtrading
Comments
UnknownUnicorn2643179
After years watching soooo many people you apear the very only one that is actually honest. You are a good man. Didn't make any money from your calls but watching and patience is the key and after watching you for a very long time you are very good and honest. That's the key. Thanks again for your work
SteveNixon
@Mr1TommyGun, Thank you Tommy. There's no magic formula to trading. Limit your losses so you can stay in the game long enough to gain experience and be there when the market make a substantial move. I hope this makes sense.
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