What are we trading here?
A counter any false conceptions that we will see a Brexit deal. All headlines produce an immediate effect for trading: wait patiently and quiet and justify fades:
Here the static weakness of GBP can clearly be recognised. Any idea of pullbacks into support will be short-lived. These remain our key loading zones with positional swings!
- In this case, Buyers will refuse sellers the freeing breakdown to prevent any cheap entries.
A ruthless strategy from Downing Street to avoid any extension flanks, and try rather to operate under the premise of No-deal. The strongest hands will be rewarded; one should hang on to the UK story as long as possible.
Thanks all for keeping the support coming with likes, charts, comments and as usual keep the feedback coming 👍 or 👎
Tracking the same targets, same GBP weakness and actively buying any dips.