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Thomson Reuters
Aug 07 - 12:12 PM
EUR/GBP - Up To Threaten 2018 High On No-Deal Brexit Risk
First appeared on eFXplus on Aug 07 - 10:10 AM
  • GBP remains soft due to heightened risk of a "no-deal Brexit" nL5N1UX3C2
  • EUR/GBP up to five-month high six pips shy of 0.8968 (2018 peak, March 7)
  • Bull targets beyond 0.8968 include 0.9000 and 0.9033 (Q4 2017 high)
  • EUR/GBP could rise to 1.00 for the first time ever on a "no deal Brexit"
  • 0.9307 was 2017 high. Diary dates for Britain's EU departure nL5N1US68K

EURGBP: Click here

Source:
Thomson Reuters IFR Markets

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