GBP/USD Evaluation and Speaking FactorsGBP/USD Rallies as Farage Boosts Boris Johnson Majority OddsBrexit Celebration Will Not Co
GBP/USD Evaluation and Speaking Factors
- GBP/USD Rallies as Farage Boosts Boris Johnson Majority Odds
- Brexit Celebration Will Not Contest Conservative Seats
GBP/USD rallied to recent session highs following Brexit Celebration Chief Farage’s feedback, whereby he said that the Brexit Celebration wouldn’t contest the 317 seats that the Conservative Celebration had received within the 2017 election. That is in stark distinction to earlier rhetoric that he would contest all 600 seats in parliament, nevertheless, in gentle of those feedback, this raises the chance that Boris Johnson can finally safe a majority in parliament and thus get his Brexit deal by means of parliament. Because it stands, bookmakers have elevated the probability of a Conservative majority to 64%, beforehand had been 50%.
Polls Continues to Present Conservatives with Commanding Lead
GBP/USD Value Chart: 1-minute Timeframe (Intraday)
— Written by Justin McQueen, Market Analyst
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