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Sep 10 - 03:48 PM
GBP/USD - Remains Firm With Reduced Hard-Brexit Outlook
First appeared on eFXplus on Sep 10 - 01:30 PM
  • GBP/USD soft into NY close, -0.02% at 1.2342; NorAm range 1.2375-36
  • Pair steadies near recent trend high as hard-Brexit view ebbs nL5N2612TW
  • Sterling happy with temporary Brexit solutions for now
  • With parliament suspended focus shifts to ECB meeting Thursday, -10bp exp'd
  • EUR/GBP -0.06% to 0.8943, Tues range 0.8973-21; soft Brexit trumps soft ECB

GBP Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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