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Captain_Walker

Sterling: High volatility expected early next week

British Pound / Japanese Yen (FX:GBPJPY)  
Captain_Walker Updated   
FX:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis GBPJPY GBPCAD GBPUSD GBPEUR EURGBP GBPNZD highvolatility political
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beyondta gbpjpy gbpcad gbpusd gbpeur eurgbp gbpnzd highvolatility political
Well referenced political news is important.

Sterling could see serious volatility next week if political pundits are correct about Theresa May being forced out of her premiership next week in relation to Brexit confusion.

Rival MPs are already jostling for position as Wednesday is the big day.

The uncertainties could send GBP pairs into high volatility between 15 min to 4H time frames.

Avoid FOMO and getting stung, if you can.

Comment:
More chaos next week as Mrs May decides to 'handbag' Europe!
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]

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