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USDJPY Jumps As UK Rejects No-Deal Brexit

From orbex.com

The UK parliament rejected a no-deal Brexit on Thursday evening. This leads to speculation that the UK might formally ask the EU for an extension to the March 29 Brexit deadline, putting further uncertainty into the UK’s exit from the EU. However, the news sent the British pound surging. Test your strategy on how the GBP will fare! Open your Orbex Account and start trading now. The eurozone’s industrial production figures improved as activity expanded at a pace of 1.4% on a month over month basis in January. This beat expectations of a 1.0% increase. And, the January’s gains reversed the declines of 0.8% in December. ... (full story)

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  • Category: Technical Analysis