Pound Rallies on USD Weakness, Falls on Boris Johnson’s Remarks

Jun 26,2019 07:40   Source:Earnforex
The British pound today rallied to its daily highs early in the session driven largely by US dollar weakness as investors expect the Fed to announce its rate cut plans. However, the GBP/USD currency pair quickly dropped following comments by Boris Johnson regarding the October 31st Brexit deadline. The GBP/USD currency pair today rallied to a daily high of 1.2784 before dropping to a low of 1.2710 in the American session and trading near these lows […]

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