No-Deal Brexit Coming - SHORT GBP/USD
A NO DEAL BREXIT IS COMING
- 'they' don't want a deal, UK international
banking assets jump 10-20% on a devaluation.
- Thats a revaluation of £100bn-£200bn
onto UK banks books.
- Then all the short seller positions
Then banking deregulation
- We even avoid the EU tax cutdown law in Jan 2020
- Borish Johnson reiterates UK is leaving the EU on 31st October
- EU will take cue from Dublin, who have already said
non-starter deal
- First EU take on the deal is "cannot be serious";
"if this is the final offer then it is no deal"
- EU Lawmaker Lamberts says 'this does not bode well'
seems to be seeking a no-deal Brexit and wants to
blame the EU for this
- 'they' don't want a deal, UK international
banking assets jump 10-20% on a devaluation.
- Thats a revaluation of £100bn-£200bn
onto UK banks books.
- Then all the short seller positions
Then banking deregulation
- We even avoid the EU tax cutdown law in Jan 2020
- Borish Johnson reiterates UK is leaving the EU on 31st October
- EU will take cue from Dublin, who have already said
non-starter deal
- First EU take on the deal is "cannot be serious";
"if this is the final offer then it is no deal"
- EU Lawmaker Lamberts says 'this does not bode well'
seems to be seeking a no-deal Brexit and wants to
blame the EU for this
Trade closed: stop reached:
Huge volatility after PM Johnson comes out from meeting PM Varadkar touting huge positivity on a deal has cause a stop. Will look for re-entry above 1.25 potentially