Pound is falling 1%

FIBO_Group

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Jun 20, 2016
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The pound reached its biggest recession in seven weeks, as conflicting statements by the UK and the European Union raised concerns that negotiations between the two parties on a future trade deal would be tough.
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#hard_tags
EU chief negotiator Michel Barnier said in Brussels that Britain is offered a “very ambitious” trade deal, but only if London agrees with its rules.
Speaking a few minutes later in London, Prime Minister Boris Johnson DENIED the demand and insisted that Britain would prosper, even if the negotiations failed.
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#GBPUSD still confirms its status as one of the most volatile currency pairs. As we see, the fog over Albion has not cleared and political upheaval will affect sterling throughout the current year.

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