Cable didn’t like the news
Vote gives parliament the power to either approve or reject any Brexit deal reached between British and EU negotiators before exit day in March 2019.
The vote was 309-305 against May.
Cable down from 1.3380 to 1.3350 on the headline to stabilise 1.3365
GBPJPY from 151.00 to 151.50 to come back to 150.75.
Still short some cross JPY: EURJPY ,GBPJPY, added a pinch CHFJPY at 114.50 going into SNB tomorrow.
Trading cable from the short side 1.3370/80 but inside the range, took some off on the dip to 50
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Closed half my long cable at 1.3379 and left the rest with sl at be at 1.3328, not willing to hold it overnight with such news.
Looking to reshort USDJPY if it jumps up for whatever reason, and thinking to join you K with a short CHFJPY
Good stuff 5m , cable’s hesitant here at 80, I sold tiny with a tight stop through 90.
That was a quick cut .. that’s life
Well, it was a good shot considering risk/reward. It’s the nature of this game.
Let’s see how the day ends and then some conclusions can be drawn. I remain on the bearish USD camp but the focus is already on BoE ECB etc, big day tomorrow