Daily Alert: Tuesday 11th December 2018

Mark NugentDaily Alert, Dec 2018

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Daily Alert: Tuesday 11th December 2018

PM May postpones the Meaningful Vote due today and is off to see Juncker today. GBPUSD hits a 20 month low. As the default legal position on Brexit is a no deal exit on 29th March with no transition period, we are in the worst position right now, and any improvement at all will raise the GBP. So I am interested in going long GBP later today.

US equities make a slight recovery but sentiment is still pretty grim.

Gold pulled back yesterday and it seems like investors are buying the dip as it rises today on the risk-off tone.

The GBP looks like the major issue for me right now.

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[/MM_Access_Decision] [MM_Access_Decision access=’true’]

Daily Alert: Tuesday 11th December 2018

PM May postpones the Meaningful Vote due today and is off to see Juncker today. GBPUSD hits a 20 month low. As the default legal position on Brexit is a no deal exit on 29th March with no transition period, we are in the worst position right now, and any improvement at all will raise the GBP. So I am interested in going long GBP later today.

US equities make a slight recovery but sentiment is still pretty grim.

Gold pulled back yesterday and it seems like investors are buying the dip as it rises today on the risk-off tone.

The GBP looks like the major issue for me right now.

Here is your video:

You can download the video HERE.

The updated Trading Plan is HERE.

There is an archive of all VIP Club member’s content on the VIP Club page.

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