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Brexit: Should you be concerned? 

Last Updated: May 17, 2022

By Rayner Teo

Before I share my thoughts on Brexit, Let me tell you this,

I laughed when I heard this:

The GBP died today, collapsing 10% against the Dollar — the biggest drop in history.

Really, the GBP died?  It’s not even a living thing to start with.

Now… it’s easy to get carried away with the hype out there.  But don’t forget what really matters — Price.

So in today’s video…

I’ll share my thoughts on Brexit, and what is likely to happen from a “trader’s perspective”.

You won’t get anything like: fundamentals, sentiments, macroeconomics, microeconomics, politics, and what not.

But, a focus on price action itself.

PLUS:

Discover the best trading setups for the week (which doesn’t involve the GBP pairs).

So, go watch this week’s video right now:

Brexit: Should you be concerned?

I hope you’ve enjoyed this week’s market analysis.

If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!

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  • As always Rayner an insightful and informative perspective of the markets.

    You have a real talent for standing back from the markets and seeing the bigger picture, truly a great talent to have. Cudos and many thanks for your sharing.

    Reply

  • Hi Rayner, it’s so Gooood coming back here!! 🙂
    I’m so happy to read your weekly posts again!

    You so inspire with what you said, what we leave here on Earth (this point has been always difficult for me). Reaching our purpose and help people with it could be making our life so wonderful. there’s no competition, when we support each other, we can grow forever.

    The review about the Brexit is so clearly. not guessing. not gambling. not predicting.

    I love you =D

    All the best,

    Shlomi

    Reply

  • Hi Rayner,

    Thanks for the great update as always. Didn’t take your advice last week and got burnt a little by the Brexit, got greedy when it broke 1.50.

    Been looking at your post on trading breakouts, I see a potential set up in Copper, there’s a double top around 2.24-2.29, if price closes above this zone in the next two weeks, it might be a break out to the topside. Would you care to comment? Thanks again.

    edwin

    Reply
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