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Jul 29 - 03:48 PM
GBP/USD - Follows Hopes For Brexit Deal Lower
First appeared on eFXplus on Jul 29 - 01:25 PM
  • GBP/USD remains offered, pair hits 2-yr low 1.2213, NY range 1.2318- 1.2213
  • Halloween Brexit fright as UK plays Brexit hardball with EU nL8N24U1N3
  • No-deal Brexit fear back with a vengeance for GBP/USD
  • Without softer Brexit view supt at 1.211 Mar '17, 1.1983 Jan '17 low in view
  • EUR/GBP ends NY 0.9113, +1.4%; Mon range 0.9119-0.8990; cross conduit for GBP sales

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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