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Sep 04 - 03:48 PM
GBP/USD - Higher Still As Brexit Delay Vibe Gains Traction
First appeared on eFXplus on Sep 04 - 01:35 PM
  • GBP/USD adds to recent gains +1% at 1.2205, Wed range 1.2220-1.2082
  • Pair rises As PM BOJO no-deal Brexit play loses traction nL5N25V2FD
  • Sterling firm as parliament treats Brexit symptom, still far from cure
  • Outlook opaque as PM demands snap election, clings to no-deal Brexit Oct 31
  • EUR/GBP -0.53% at 0.9030, Wed range 0.9078-19; Soft Brexit trumps low rate EUR

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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