Ransquawk

Recently, the GBP/USD pair is growing, as is the Pound in most currency pairs. Looking at the daily chart, everything goes to the level of the last high, or around 1.33. This increase is largely due to recent reports on brexit negotiations. Once all negative comments have stopped, we have a positive series recently. The most important of them speak of a very real and, above all, rapid agreement between the EU and the United Kingdom. In the media even appears October 15th as the day on which the draft agreement is to be presented. A few days later, we have an EU summit where the project would be discussed. The closer to this date and the more positive reports, the more chances to sustain Pound appreciation.

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Ransquawk