Short GBPJPY
Updated
UK elections on Thursday
GBP has had a run-up on the back of polling data which shows that there is a consensus for a Tory majority government.
As the election day gets close - it should be expected that the GBP falls into a trading range while we wait for the outcome.
The weekly pivot would be the most obvious place for the GBPJPY to find a level to jump off from should the Conservatives get the win
GBP has had a run-up on the back of polling data which shows that there is a consensus for a Tory majority government.
As the election day gets close - it should be expected that the GBP falls into a trading range while we wait for the outcome.
The weekly pivot would be the most obvious place for the GBPJPY to find a level to jump off from should the Conservatives get the win
Note
The total UK trade deficit (goods and services) widened £2.3 billion to £7.2 billion in the three months to October 2019, as imports grew faster than exports ow.ly/iUAF30q0xSKTrade closed: stop reached
After the 3rd attempt to the downside - moved stops to Break Even.However, the overall idea did not pan out as I had expected.
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