Rationale for bullish GBP :
1. Market took the latest development on Brexit divorce bill as positive. UK Fin Minister Hammond was confident of a deal will be strucked before EU Summit in December
Rationale for bearish YEN :
1. Potential Risk-On sentiment (Equities market Europe closed with all green yesterday and Asian Equities market now is Up)
2. Not to mention BOE is so deep in QE and happily so...
1. Market took the latest development on Brexit divorce bill as positive. UK Fin Minister Hammond was confident of a deal will be strucked before EU Summit in December
Rationale for bearish YEN :
1. Potential Risk-On sentiment (Equities market Europe closed with all green yesterday and Asian Equities market now is Up)
2. Not to mention BOE is so deep in QE and happily so...
Comment:
Inflation report testimony now. Not sure if the sentiment has shifted or not. will wait..
Comment:
Sentiment remains GBP bullish. Trade idea still valid
Comment:
Autumn Forecast Statement later
Order cancelled:
this hit me in the balls hehe. Plan invalidated. WIll make new plan. I am still bullish Sterling