Oh my Gosh, I can’t believe my eyes - Forex News by FX Leaders

Oh my Gosh, I can’t believe my eyes

Posted Friday, June 24, 2016 by
Skerdian Meta • 1 min read

It´s 6 am now where I live and I just woke up after I had set the alarm to see the Brexit referendum results. I can´t believe my eyes, am I reading something wrong here or is it really happening? I mean, yesterday evening the remain side was well ahead according to unofficial exit polls and especially the bookies. The bookmakers had the remain side on a 5/1-9/1 ratio advantage until the last minute and trust me, they were big betting companies such as Ladbrokes, William Hill, BetFred, Betfair etc but now everything has gone upside down. The real results keep coming in and they show the leave camp has won. The Euro was about 500 pips down a minute ago but has recovered 100 pips, so let´s hope this is just a dream and the things will turn around towards the remaining side.  At least our long term sell forex signal which we opened last night at 1.1420 has triggered the take profit already. On the other hand, the Pound doesn´t show any signs of life. It has fallen off a cliff from 1.50 last night to 1.32 and the London traders are yet to hit the desks. These are terrible times, I´ll just be lying on my bed for a couple of hours trying to regroup myself and come to terms of what will the world turn into now that the things have turned for the worse.

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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