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GBP/USD: Brexit Delayed, Now What?

April 15, 2019 2:39 PM
As my colleague Matt Simpson succinctly noted last week, traders have said “meh” to the 6-month “flextension” to Brexit. While squabbling between the different political parties continues apace, it’s now unlikely that we’ll see any near-term progress on Brexit, so traders may now turn their attention back to UK economic data.

Traders Say 'Meh' To 6-Month 'Flextension'

April 10, 2019 11:01 PM
The EU granted the UK’s flextension until 31st October, four-month longer than PM May requested. Yet whilst today’s ‘meh’ reaction points towards Brexit fatigue, the coiling nature of GBP suggests volatility could be brewing.

GBP/USD Unimpressed by Brexit “Flextension”

April 5, 2019 12:43 PM
The Brexit merry-go-round continues to turn, with today’s news highlighted by the potential for a “flextension” to Brexit negotiations...

GBP/USD edges higher on even softer Brexit hopes

April 3, 2019 11:43 AM
It has been a rather volatile day for the pound, as investors reacted to the latest Brexit headlines and data from both sides of the pond. At the time of writing the GBP/USD was still just about holding in the positive territory.

GBP/USD Traders React to Latest Brexit Developments: ¯\_(ツ)_/¯

March 26, 2019 1:57 PM
Over 1,000 days after the UK narrowly voted to leave the European Union, it’s still not remotely clear how the new relationship will look, who is in charge…and even whether the UK will leave at all!