GBPUSD: Brexit Fears resume the downtrend

From Forex Crunch
January 10, 2017 - 4:08am

Fundamental factors: The pound fell to a two-month low after Theresa May added to fears that Britain is heading towards “Brexit”. In the previous week, UK PMIs Pointed to expansion and beat their estimates, but the pound was unable to gain strength against Dollar. Dollar strengthening against Pound could drift the pair lower towards 1.1900/1.1185 [...] The post GBPUSD: Brexit Fears resume the downtrend appeared first on Forex Crunch.



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