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Wednesday, March 29, 2017

[FOREX NEWS] GBP/USD remains depressed after Brexit is triggered – no short squeeze, just short

The UK triggered Article 50 and began the two-year countdown towards the exit from the European Union. A 6-page letter from Her Majesty’s government was received by the European Commission at 13:30 in Brussels, 12:30 in the UK. And what happened? With the privilege of a few hours of hindsight, we can say that the reaction is muted. Sterling dropped ahead [...]

The post GBP/USD remains depressed after Brexit is triggered – no short squeeze, just short appeared first on Forex Crunch.



via Forex Crunch

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