GBP/USD Bounces Off the 200 SMA Again, due to the Decline After Brexit Comments
Skerdian Meta • 1 min read
The Brexit deal has gone through all sorts of ups and downs in the last few months, since it came back into the spotlight in September. We heard positive comments about a trade deal, followed by denials soon after, and a while ago we heard rumours from Reuters that pointed to a no-deal Brexit once again.
The report said that the UK and the EU are on course to conclude without a trade deal, barring any last-minute intervention, adding that both sides expressed concern yesterday that it may be impossible to reconcile the differences.