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Wednesday, 19 October 2016

What Would Drive GBP/USD to Parity or Back to 1.3000? Forex News by DailyFX

Published on Oct 18, 2016
Talking Points:

• After the massive 15 percent drop from GBP/USD following the June 24th Brexit fallout, the risk seemed discounted

• Yet, another 11.5 percent drop in the month through October 7th to new three decade lows shows there is still risk

• Monetary policy, economic data and negotiation risks don't represent equal opportunity drivers for major Pound trend

#news

@JohnKicklighter

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