GBP USD SHORT POSITION - Wealth X Network

OUTLOOK: BEARISH
BRITISH POUND GROANS ON PROLONGED BREXIT NEGOTIATIONS

הערה:

GBP remains suspended by political angst over the resolution of an almost five-year divorce agreement between the United Kingdom and European Union. Last week, EU chief Brexit negotiator Michel Barnier tweeted guidelines for businesses to prepare for potential cross-border friction after the December 31, 2020 deadline. In the report, it states that:

הערה:

There will be broad and far-reaching consequences for public administrations, businesses and citizens as of 1 January 2021, regardless of the outcome of negotiations.

הערה:

GBP EYES VIRUS-HIT GDP DATA

הערה:

Sterling traders will also be anxiously waiting for the release of preliminary Q2 UK GDP data.

הערה:

These figures are unlikely to show an underlying optimism.