Every day we are getting more and more dependent on international politics. We are forced to watch political news instead of the news of the markets as they gradually become one. At least that is what it feels like. Every time we have a glance of political news, our hearts skip a bit and we start thinking what currency or commodity might feel the impact of it in the nearest future and what assets are going to turn to volatility. Well, at least that is what happens to me. And that is exact how I felt when I read about the drama playing out in UK right now.

Bois Johnson – a man willing to do anything in order to get what he wants and get no-deal Brexit must have lost himself in the moment as his suspending the work of the parliament was ruled as an act of abuse of power. After court decision was announced, it was almost clear and certain that we were going to see Johnson resign on the spot. Not only that didn’t happen, but Johnson also stated that this is not something that he would consider doing. All of this, we though, would REALLY spoil GBP performance as we traders tend to stay away from the currencies, the countries carriers of which are going through something this volatility-inducing.

But we can see now that pound took this news more than calmly. It even rallied. This behavior is unusual for the British currency as we are usually used to something more abrupt and damning with it. Although it is now unclear as to what direction pound is going to assume today, as the fallout of the ruling begins to really settle in our minds and in the markets as well.

Trading signals are of really great help right now.