Israel response. Reaction contained for now.

It's been on the cards all week, during the Asian session Israel launched a drone attack on Iran. The initial reaction was 'risk off' as you would expect, but all things considered, so far the negativity appears contained.

It was mentioned on CNCB earlier in the week that geopolitical concerns often turn into a buying opportunity. And I agree with that, but as we await Iran's response, it may well be prudent to sit on the sidelines today and reassess after the weekend. When 'hopefully' the situation won't have escalated further.

Feel free to email any thoughts or questions: johnelfedforexblog@gmail.com