In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, Today, we have all eyes on Brexit deal negotiations.
We have already experienced a number of deadlines come and go in the pursuit of agreeing on a deal between the UK and the EU. The next deadline is supposed to be midnight tonight, but perhaps we should not hold our breath just in case. With the upshot of a deal being announced, we anticipate would it to be fairly positive for the pound. If not initially, then eventually, once the dust settles. Markets like these can give us some great moves but beware of the extreme volatility and always look to protect your capital.
If the pound strengthens then we have identified the EURGBP below 0.8598, the GBPUSD above 1.2875 and the GBPJPY above 140.13.
All Eyes on Brexit Deal Negotiations – Full Video Analysis
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