It's just the beginning

[Walid Salah Eldin]

There are lots of hanging issues between UK and EU.
EU will never make it easy to UK to separate.
UK needs to end the separation soon to start new trading deals freely with more offsetting to EU.
Politically, EU wants to make UK an example to who want to leave.
The nationality and the free movement will be the same for EU-the same for UK.
EU criticism to the British pound strength can reinforce it, after its dramatic slide last June and last October.
Monetarily, The interest rate outlook can be bullish for both UK and EU supporting the British pound and the single currency.
Financially, UK readiness to pay off to EU can end everything smoothly and i see UK Chancellor of the Exchequer Philip Hammond has taken into his account this probability to facilitate the separation, when he discussed the budget of 2017-2018.

Take Care

Kind Regards
Global Market Strategist of FX-Recommends
Walid Salah El Din

 

[hayseed]

quite possibly it's just the beginning of one of the best trades in recent years..... 2000 pip risk for a 12,000 pip gain on the gbpjpy......h

 

[Enivid]

quite possibly it's just the beginning of one of the best trades in recent years..... 2000 pip risk for a 12,000 pip gain on the gbpjpy......h

Long?

 

[hayseed]

Long?

yes ..... and this time I will follow you suggestion about the usdjpy from long ago..... i'll hold them for years..... it's hard for me to see last years gbpjpy low being taken out.....h

 

[Enivid]

But what if there will be another Brexit-like fall in the pound?

 

[hayseed]

But what if there will be another Brexit-like fall in the pound?

//---
hopefully the stoplosses will work..... i expect both the euro and gbp to be the real winners of all this...... prepared for some rough patches though.....

the ones handling the legal aspect of brexit have a far different views than those that actually voted for it.....

merkel , may, and whoever else at their level is involved realize that brexit is just a baby dumped in their laps..... people of their character know in situations like this they will either both win or both lose..... nothing is to be gained by them not being prudent ...

in any event, an opportunity to buy at 117 would not hurt my feelings any......h

 

[Walid Salah Eldin]

But what if there will be another Brexit-like fall in the pound?

UK economic data and its impact on the MPC monetary policy is what to lead the pound in case of having smooth UK departure.

 

[Ary Barroso]

quite possibly it's just the beginning of one of the best trades in recent years..... 2000 pip risk for a 12,000 pip gain on the gbpjpy......h

Hello, what was the final result on that trade? I am really curios to know! Are you available here?

 

[Walid Salah Eldin]

you can visit fx-recommends website to contact me

 

[BitcoinKong11]

I think there will be a People's vote and we won't end up leaving.

 

[Walid Salah Eldin]

yes, all options are available.

 

[BitcoinKong11]

Going to be interesting to watch!