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compass pointing north

Brexit worries push GBP/USD below 1.30.

October 23 2018

It was another miserable day for the pound yesterday as ongoing Brexit concerns pushed cable below 1.30 for the first time in nearly three weeks. UK Prime Minister, Theresa May’s impossible job is getting harder by the day as the rumblings of disquiet from her backbenchers and from the Democratic Unionists who prop her up grow louder.

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Today's expected ranges

GBP / USD
1.2955 – 1.3085 ▼
GBP / EUR
1.1280 – 1.1390 ►
GBP / AUD
1.8280 – 1.8410 ►
GBP / NZD
1.9715 – 1.9880 ▼

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