Brace For Brexit Extravaganza!

So, big week for the GBP! Brexit negotiations back in focus with high-level talks between UK PM Johnson & EU Commission President Von der Leyen to start off the week on Monday. Oh, and apart from that there is also the BOE meeting and important econ data.
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It’s time for another round of Brexit talks! I know it’s very cliché to say this but this time it might really be different.

Reason for that is we have some heavy weights stepping into the boxing ring this week with PM Johnson in the red corner and EU Commission President Von der Leyen in the blue corner.

Lots of motivation for the two side to reach an agreement with all the current economic stress from the Coronavirus pandemic. Apart from Brexit we also have the BOE on Thursday, labour data on Tuesday and Retail Sales on Friday.

So, pretty busy week to say the least. However, with big events usually come bigger volatility so let’s hope we get some tradable opportunities from them this week.

This week ahead video will help you prepare for this week’s upcoming events and provide insights into how you could possibly trade it as well.

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Highlights of the video:

00:32 – Current Baseline

03:50 – Baseline expectations for the upcoming risk event

06:42 – Possible sentiment shifts

09:46 – Possible currency pairs to consider

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