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GBPJPY LAUNCH PAD

Panjang
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OANDA:GBPJPY   Paun British / Yen Jepun
This week we saw GBP erase all recent election gains on the fear of a possible no deal Brexit. A no deal Brexit is damaging for the European and UK economy and both parties will try and avoid at all costs... reaching a deal a is beneficial to both economies .

I’m almost certain a deal will be reached and there won’t be a hard Brexit

Loading up on longs here ready for it to launch into orbit

Komen:
If you scale down to lower time frames you can see price is now in a consolidation phase awaiting it next big move.

Markets await news of further Brexit talks between the European Union and newly re elected priminister boris Johnson
Penafian

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