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Nov 12 - 02:36 PM
GBP/USD - Firm As Election Outlook Favors Conservatives, Tory Majority
First appeared on eFXplus on Nov 12 - 01:20 PM
  • GBP firm into NY close +0.03% at 1.2860; NorAm range 1.2873-1.2827

  • Pair boosted slightly during Trump comments castigating Fed rate policy

  • Pair offered early, poll shows Tory lead over Labour narrowed nL9N26I01C

  • Sterling in holding pattern between recent high nL2N27S0PQ

  • EUR/GBP -0.22% at 0.8562; Tory victory, majority seen boosting GBP vs EUR

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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