IMPORTANT - Be careful of this pair over the coming weeks.
Over the next few weeks with the polls saying a brexit is very possible we will see a decline in the value of the pound however...
If the UK leaves the EU, we will see a drop of up to 20% in value
If the UK stays, a sudden rise is likely to take place.
Although we are trading this pair ( investingcopilot.com/Livechart.php?s=FX_EURGBP ) We will be keeping well clear closer to the final vote. Once the votes are in and the GBP's future is decided we will place trades accordingly.
How will this affect other pairs?
investingcopilot.com/post.php?l=an-introduction-to-currency-correlation
Make sure you understand currency correlation before you trade the GBP or EUR over the next few weeks.
If the UK leaves the EU, we will see a drop of up to 20% in value
If the UK stays, a sudden rise is likely to take place.
Although we are trading this pair ( investingcopilot.com/Livechart.php?s=FX_EURGBP ) We will be keeping well clear closer to the final vote. Once the votes are in and the GBP's future is decided we will place trades accordingly.
How will this affect other pairs?
investingcopilot.com/post.php?l=an-introduction-to-currency-correlation
Make sure you understand currency correlation before you trade the GBP or EUR over the next few weeks.
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