It’s time to get into GBP properly over Brexit
I’m starting to buy the pound on a favourable Brexit outcome. Today I spoke to Nick Batsford at Core Finance TV about it. I’ll be doing a full post analysing the trade soon but this will give you a brief outline of it.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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I agree with buying GBP. No deal means kick the can down the road and setup to buy GBP cheaper again. A deal should come eventually and GBP will soar +1.4000.
Given how hard it’s been just to get to the current situation which is only about us leaving, I shudder to think how long it would take to get an actual trade deal. Add to that the DUP, labour and Tory rebels likely to vote against anything that’s offered up, I don’t see GBP strengthening significantly. There’s only 5% left to sort apparently but it’s been like that for 3 months.
Hi NP.
Getting trade deals after a Brexit deal will be another trade altogether 😉
A fair point Ryan, Hope you’re having a good day mate
why is the background of trader rooms always so drab? put up a picture or something, ryan. 😉
Haha, I keep meaning to but I’m crap at putting stuff on walls. By the time I’ve finished it would look like a shooting range.