-
Volatility Assessment Ahead Of Brexit Deal Vote | GBP/USD, GBP/JPY, EUR/GBP
Whilst Bojo prepares for his showdown with parliament over the weekend, we look at implied volatility levels for Brexit-related markets. Given that there’s a wide expectation that parliament will reject the Brexit deal over the weekend, and prices are clearly stretched to the upside for GBP crosses, then there’s a case to be made for a decent, downside move for the British Pound. However, this could also mean that the surprise of Brexit going through could still catch investors off guard and see a hefty move to the upside for GBP pairs. So we’ll keep an open mind on the outcome and assess potential levels of ... (full story)