Daily Alert – Wed 18 Dec: GBPUSD gives up all the election gains; FTSE250 more robust

Mark Nugent Daily Alert, Dec 2019

Daily Alert – Wed 18 Dec: GBPUSD gives up all the election gains; FTSE250 more robust

Risk sentiment is indecisive. The GBPUSD gives up the remainder of its election gains. The FTSE250 is more robust with yesterday’s modest fall now halted.

It looks like Trump will be impeached today.

I continue to look for equity pullbacks, particularly in those whose recent rise has been the greatest.

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