Brexit alliance announcement pushing GBP long

The UK is currently in election mode so the GBP has been on hold for a few weeks. Nigel Farage has just announced that his Brexit Party will not be challenging any Conservative seats effectively forming a Brexit alliance. This has increased the likelihood of a Majority Conservative Government being elected. Therefore Boris Johnston's Brexit Deal will probably be passed before Christmas. The Pound should see more upside from here. Naturally you'll have to trade it carefully using your trading strategy

Steve Nixon
logicfxtrading

This is only for educational purposes and not meant as investment advice

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