No deal Brexit and 1.2% GDP Short GBP? TR#324

While the dollar is resting I've been looking at opportunities elsewhere and no place better than GBP. Today's UK GDP has come in at 1.2% down from 1.8% last time. Given that the UK is preparing for a No deal Brexit and the EU are refusing to re enter negotiations I can only see down side for the Pound. Naturally we have to find suitable currencies to trade against and find an entry set up that meets our strategy. None-the-less look for shorts on GBPCHF and GBPJPY.

This is not investment advice

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Have a great weekend

Steve Nixon
logicfxtrading