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FX Market Insight for the 21st October 2019  

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Brad Gilbert
(@brad-g)
Illustrious Trader Admin
Joined: 2 years ago
Posts: 604
21/10/2019 12:19 am  

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Leo I
(@leoivench)
Prominent Trader T4T Trader
Joined: 11 months ago
Posts: 169
21/10/2019 2:07 am  

I have seen that in time of Brexit some broker(s) will change spreads and because of Brexit some other changes can be. Do you suggest to be on a sideline and watch for something?


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Brad Gilbert
(@brad-g)
Illustrious Trader Admin
Joined: 2 years ago
Posts: 604
21/10/2019 2:11 am  

Yes, totally Leo. The news is random and unpredictable so it's hard to know when and where to get in. Most brokers have already reduced the leverage available on GBP pairs. 

It sometimes looks easy on the charts but believe me it's high risk and purely speculative. 


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Leo I
(@leoivench)
Prominent Trader T4T Trader
Joined: 11 months ago
Posts: 169
22/10/2019 1:39 am  

Thanks.
Looks like when England will separate exchange rate will change, based on some other economics.


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Brad Gilbert
(@brad-g)
Illustrious Trader Admin
Joined: 2 years ago
Posts: 604
23/10/2019 9:51 pm  

It will be back to normal economics and that is a great thing!


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