GBPJPY LAUNCH PAD

This week we saw GBP erase all recent election gains on the fear of a possible no deal Brexit. A no deal Brexit is damaging for the European and UK economy and both parties will try and avoid at all costs... reaching a deal a is beneficial to both economies .

I’m almost certain a deal will be reached and there won’t be a hard Brexit

Loading up on longs here ready for it to launch into orbit

Comment:

If you scale down to lower time frames you can see price is now in a consolidation phase awaiting it next big move.

Markets await news of further Brexit talks between the European Union and newly re elected priminister boris Johnson