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Brexit: Three Scenarios and What’s Priced In for GBP/USD?

From forex.com

Nearly four and half years on from the Brexit vote in June 2016, the finish line is finally in sight for the UK to formally leave the European Union. One way or another, the UK’s “transition period” will officially end on 31 December, though we’ve learned through experience that seemingly “hard and intractable” deadlines can be delayed repeatedly in the interest of expediency when it comes to Brexit. In any event, negotiations are reportedly 95% done (it’s always that last 5% that’s the most difficult!), with the final sticking points relating to state aid, fair competition, fishing rights, and conflict resolution ... (full story)

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  • Category: Fundamental Analysis