Open GBP/USD positions according to the outcomes of the Fed and the BoE meetings
Boris Johnson has vowed Britain will pull out of the EU on October 31, and it doesn’t matter if Brussels will agree or not. Therefore, the GBP/USD has crashed to its half-year lows. A Brexit stickler Boris Johnson is a PM front-runner. Bookmakers estimate his chances at 70%, and Bloomberg has raised its probability of a no-deal Brexit to 25% from 15%. Nomura sees it at 30%. The GBP may be saved by the BoE, however even the central bank is not able to reverse the pound downtrend.
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