Forex Knowledge Base

GBP Gets That Sinking Feeling Again

The GBP has gone from hero to zero in a very short space of time as the UK government revealed a very contentious Internal Market Bill this week. The bill plans to override parts of the Withdrawal Agreement that relates to Northern Ireland and state aid. With the bill up for debate and the BOE on schedule all eyes will be on the GBP.

Closing Trades To Get Better Entries

The big question is… do we close a trade and wait for better entries or do we hold a position? I think it comes down to the reason why you are entering, but also the type of breathing space you’ve given the trade.

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