Daily Alert: Tuesday 29th January 2019

Mark NugentDaily Alert, Jan 2019

Daily Alert: Tuesday 29th January 2019

Equities are being suppressed by corporate statements alluding to a slow down in the Chinese economy.

The Huawei situation hots up as the Department of Justice in the US issues charges, just before the US trade talks on Wednesday and Thursday.

It’s a big day for Theresa today in the House of Parliament. As I explained in the Trading Plan, a feel the risks on the GBP are skewed to the upside, both this week and in the longer term.

I am waiting for equities to turn up. The GBP is pulling back (rallying in the case of EURGBP), offering good buying prices (selling in the case of EURGBP) when GBP strength returns.

Have a great day.

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