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Filtered by tags:  Soft Brexit
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Fundamentals looking good for GBP longs

I am long Gbp crosses again today

I just read about Theresa May inviting labour for talks about a Brexit
The consensus here is that it will be talks about a soft exit
The Gbp should benefit from the news, and if talks go well
and a agreement on Brexit is reached by all parties then the Gbp should shoot up
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Struggling a bit with my GBP longs

I am having some drawdown holding on to Gbp longs today

I was reading about a new 'soft Brexit' proposal being put forward by May today
It is the third plan for an easy exit which includes remaining a Euro member
The plan could call for optimism this time, as the only alternative now left is a 'hard exit'
and if it is accepted the pound should see steep recovery
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