Brussels declined a new Brexit proposition, bringing Boris Johnson and his team back to square one. According to the officials, new changes are not enough in order to be presented as full-on new Brexit proposition, hence they cannot be accepted. Johnson, who put new deal on the table is going to have to work harder for the deal to seem workable. The new propositions are going to work just as a new point for a discussion and nothing more. So, it is safe to say that there is a new bump in Brexit.

And we all know, what currency looooves bumps in Brexit talks.

Of course it is pound. A very interesting tendency in the performance of GBP – as soon as pound comes across obstacles, GBP surges against the dollar no matter the performance of the greenback itself. Seems that traders feel that for some time pound is going to be easier to trade and immediately we see traders flowing in for the Cable. The only question is how much more times this rule is going to work for us? It can’t be much longer that GBP is going to surge on the bad news and traders are going to withstand all of the pressure put on us by the Brexit swing.

When will the deal finally be reached? Only 2 weeks are left until Brexit should happen and we really get worried now.

And you know you are going to need trading signals through Brexit.