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WhiskeyTangoFoxtrot3
Mar 14, 2019 3:19 AM

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British Pound/U.S. DollarFXCM

Description

Currency markets are convinced that Brexit won't happen after the most recent voting in Parliament. Parliament doesn't like May's deal. Fair enough. But Parliament also doesn't want no deal. Okay then so what exactly is it that Parliament wants? We are increasingly approaching a situation where the UK accidentally crashes out the EU with no deal set in place. Given the recent speculation that all will be fine, I wouldn't be surprised if price action trends bullish and then reverses dramatically when we come back to reality.
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