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GBPUSD July 18, 2018 Weekly Analysis

Exclusive Capital Ltd.

The GBPUSD depreciated around the 1.3000 zone due to PM May's lack of clear support within her party, thus the probability for a possible deal failing from the British side. Moreover, Carney considers financial stability to be at risk should the United Kingdom leave the EU without agreement. In contrast, if the political turmoil uncertainty worsens then the BOE will likely support the Sterling.

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Exclusive Capital Ltd. Review

Source: https://www.exclusivecapital.com/gbpusd-july-18-2018-weekly-analysis/
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