Brexit Latest: Deal Speculation Sinks Ranging EUR/GBP Rates
Brexit Latest: Deal Speculation Sinks Ranging EUR/GBP Rates Advertisement Brexit Deal Overview: EUR/GBP rates have reversed lower in the confines of their multi-month triangle and sideways consolidation. Although consolidation is ongoing, the return to range lows, particularly in the context of avoiding a ‘no deal, hard Brexit,’ means traders should keep a potential bearish breakout on their radar. Hope for Brexit Deal Buoys GBP The British Pound is sitting near session highs across the majors as speculation arises that a Brexit deal may be getting close. As EU-UK trad...
Source: dailyfx.com