Daily Alert: Tuesday 12th March 2019

Mark Nugent Daily Alert, March 2019

Daily Alert: Tuesday 12th March 2019

The GBP rises all day on positive Brexit rumours and then finally Theresa comes back from Strasbourg with “new, legally binding” additions to the Withdrawal Bill. There will be a vote tonight on this new deal. Beware of extreme volatility when the vote result is announced.

In equities, there is widespread positive risk-on sentiment. I took the Japan 225 long.

The USD and JPY are weak, and the GBP is strong. There were many opportunities last night to trade forex. I took the GBPUSD long which is currently doing nicely.

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