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November, 11 - GBP/USD is surging on Brexit news

 

And back to GBP/USD we come.

 

Right now, I think everyone knows that general elections, proposed by Boris Johnson were approved by the Queen Elizabeth II and are going to take place pretty soon. And now were are watching pound again as Brexit party leader Nigel Farage stated that it is possible that his party is not going to be able to fill the necessary amount of seats in the Parliament, which in the long run means that the UK might be facing another EU vote after all. Of course, the chance for that are slim, but in the end all that we need right now is hope.

 

gbpusd 11.11.2019

 

And hope was delivered, as right after this was announce, GBP surged against the greenback. Of course, the fact that USD is looking down as it is, is just icing on a cake, but a strong GBP is not something that we see too often these days. In case the general elections are lost by Brexit party and we are going to be looking at another Brexit vote, there is a full-blown chance that GBP can restore a lot of its lost value. But that is so farfetched, the we are probably going to step on Mars earlier than this is going to happen.

 

Despite all of the doubt, the couple is going up now. And we can take full advantage of that. Especially, if you managed to catch the surge with our trading signals.

 

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