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GBP/USD and BREXIT
Mitglied seit Jan 17, 2017
8 Posts
Mar 29, 2017 at 13:15
Mitglied seit Feb 12, 2016
522 Posts
Hello,
If any influence appears, this will affect GBP in all crosses not just GBP/USD.
My opinion is: Brexit is not news or unexpected market event and the market already priced it. So, basically a sharp or strong movement in GBP against the rest of currencies may appears, if anything that was not released so far came out. Al the rest is already calculated in current rates.
If any influence appears, this will affect GBP in all crosses not just GBP/USD.
My opinion is: Brexit is not news or unexpected market event and the market already priced it. So, basically a sharp or strong movement in GBP against the rest of currencies may appears, if anything that was not released so far came out. Al the rest is already calculated in current rates.
Mar 30, 2017 at 08:38
Mitglied seit Feb 12, 2016
522 Posts
Hello,
This is correct - Brexit trigger is not a mover.
The market will react strongly on something that is not expected: either something positive where the investors (big guys) will find option to make money, or negative and they will react because of the fear.
This is correct - Brexit trigger is not a mover.
The market will react strongly on something that is not expected: either something positive where the investors (big guys) will find option to make money, or negative and they will react because of the fear.
Nov 13, 2017 at 07:29
Mitglied seit Apr 09, 2014
834 Posts
Gbp/Usd reacted on the news that 40 members of the PM's Conservative party signing a letter of no confidence in Theresa May's leadership, opened the week with bearish gap and drop to around 1.3120 level. I'm expecting further decline on Pound.
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