Politics supports GBP/USD bulls
The pound has been by political uncertainty for four long years. In 2019, however, the same political uncertainty is holding the sterling afloat, instead of pressing it down. As it was suggested, poor reading of PMI encouraged investors to sell the GBP/USD off only for a short time. The bulls managed to get their positions back only due to the information that the gap between the Conservative Party and the Labour Party has broadened up to 14 points. The two major parties in the UK. are crowding out all the other parties, and the higher chance of Tory’s…
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