Things are getting worse and worse for the pound. Those who have been watching the currency can surely say that we are in the verge of a real crisis situation when it comes to British currency. It has been a long time since we saw it slide so hard on us. And the further we trade, the harder it seems to slide no matter the actions we are trying to take to relief the fall. Of course there is next to no actions that we can take in order to improve the situation as markets and the currency itself are much bigger and much stronger than all of us put together.

Why the slide? Well, the more time passes by, the more evident it becomes – we are more likely to see a no-deal Brexit than ever before. Of course this is going to mean collapse of British economy as we know. The situation is barely helped by the fact that economic data coming from the country is far from perfect to say the least. Yes, we are faced with the possibility of one of the biggest economies collapsing right in front of our eyes and of course investors are hardly drawn to pound by that.

Right now the slide is very hard and it is very doubtful that the situation should improve any time soon.

Our trading signals are going to be off great help to everyone.