Summary: Back in January, we made a few projections on sterling pairs like EURGBP, GBPUSD, GBPJPY and GBPAUD. Despite all of the Brexit volatility and the headline risk, we were correct, and the overnight levels in each of these pairs marked very significant two-month returns.
| January 21 close EURGBP: 0.884253 GBPUSD: 1.2863 GBPAUD: 1.7942 GBPJPY: 141.03 | Overnight session 0.84725 (+4.37%, drawdown would have been -0.23%) 1.3381 (+4.03%, drawdown would have been -0.70%) 1.8853 (+5.08%, drawdown would have been -0.41%) 148.728 (+5.46%, drawdown would have been -0.29%) |
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