XT_Brexit_Short_EN

Brexit is pushing market trends yet again
The Brexit saga has been making headlines since June 23rd, 2016 and taking the GBP and UK100 on a roller coaster ride. October 17-18 mark a significant milestone in determining how the UK will exit from the EU by March 29, 2019. It could be a hard or soft exit. A soft Brexit guarantees some stability, while a hard Brexit is laced with uncertainties.
Traders are anxiously anticipating insights from the summit
Movements of about 40- 50 pips in either direction for currencies may not be surprising. Neither will a surges or drops ranging between 80-150 pips for UK100 stocks.

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