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Thomson Reuters
Sep 11 - 03:48 PM
GBP/USD - Continues To Dance To Every New Brexit Tune
First appeared on eFXplus on Sep 11 - 09:45 AM
  • Cable drop to 1.2961 influenced by downbeat Brexit piece in Evening Standard
  • Piece said 'UK officials are "misreading" upbeat statements from Brussels'
  • 1.2961 = intra-day low. 1.2989 was Ldn am low
  • GBP shorts have recently been squeezed on optimism about a Brexit deal
  • 1.3087 was five-week high in early London trade (pre-1.2989)
  • Carney to stay on amid warnings Brexit time is running out nL5N1VX3OW

Source:
Thomson Reuters IFR Markets

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