GBP/USD Worth Evaluation & Information
- GBP Slides as No-Deal Dangers Improve
- EU’s Von Der Leyen Tells EU Summit {that a} No-Deal is the Most Doubtless Choice
NO-DEAL RISKS RISING: GBP is on the slide once more after EU’s Von Der Leyen advised the EU summit {that a} no-deal Brexit is the more than likely possibility. That stated, talks will proceed via to Sunday, the place the UK and EU will make a agency determination on Sunday relating to the way forward for the talks. Because it stands, bookmakers have additionally elevated the percentages of a no-deal Brexit, now at 61%. In flip, with markets starting to cost in a better chance of a no-deal, GBP might have some option to go on the draw back.
Change in | Longs | Shorts | OI |
Every day | 8% | -1% | 3% |
Weekly | 17% | -12% | -2% |
Updates to comply with…