This is a kind of trading encounter one doesn’t get from a book/classroom – knowledge you gain goes to your experience bank which you can call on in future.
After the Brexit vote, GBPUSD heads for generational low below 1.45. GBPJPY performance must be a Guinness World Record somehow for the number of pips moved for a major cross.
Be ready for anything coming out of this coming EU Referendum. A ‘Bremain’ vote might not be bullish since gains might be priced in while ‘Brexit’ could be more interesting if the market is caught wrong footed.
What would a Brexit mean to the forex markets. Why does Brexit matter and why would the Sterling and other assets take a beating. Sponsored content by Binaryoptions.co.uk.
GBP is closing its gap with European peers CHF, EUR, NOK and SEK. If 30 year level remains unbroken, some consider GBPUSD oversold/cheap.