Forex Consulting

Threat of hard Brexit remains high says BDI’s Lang

German industry association BDI MD Lang speaking to Reuters 10 Nov – the two sides will need many years to complete a comprehensive deal on trade and investments Meanwhile GBPUSD back to 1.3144 after the earlier wobble and EURGBP down to 0.8852 from 0.8867. GBPJPY held the 148.80 area I highlighted in earlier post and…

Forex Consulting

Pound gets off to a shaky start

Softer tones kicking in for GBP pairs as European desks get underway 10 Nov Not seeing any prime movers/news so I’m guessing , ( apart from my own algo, Bud!) that we’re seeing a bit of GBPJPY selling go through judging by p/a action on core pairs. Copyright 2015 Forexlive.com