Brexit Pain and Why British Pound May Tumble to 1.2500
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37443
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
Brexit Pain and Why British Pound May Tumble to 1.2500
This article was written by Aayush Jindal, currency analyst at Titan FX.
The British pound declined to a new 31 year low versus the US dollar due to Brexit cementing its place, and it looks like the GBP/USD pair is positioned for more declines.
The FM London Summit is almost here. Register today!
No doubt, the Brexit impact is causing a lot of pair to British pound traders, and it may continue to put a lot of pressure until things settle down. This week we saw the sterling tumble and create a new 31-year low, surprising many traders.
I was ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.