Trading Plan: Monday 4th March 2019

Mark NugentMarch 2019, Trading Plan

Trading Plan: Monday 4th March 2019

Week 10 begins with Trump claiming the USD is too strong. The USD rises. The Wall Street Journal reports that the US/China trade deal is in the final stages of agreement and will probably be signed at a Trump/Xi summit around the 27th of March.

Someone should tell equities, because they simply are not moving.

Brexit seems to be coming together before the meaningful vote, probably on the 12th March. Both the ERG (Jacob Rees-Mogg’s mob) and Brady’s bunch (all the backbenchers) seem to be more agreeable to May’s (new) deal. Further, Barnier says he will give additional guarantees on the Irish border.

If you have not been trading GBP long, now is probably the time.

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