LimitMarkets

Sterling on a 10-week losing stroll

Long
FX:EURGBP   Euro / Livre Sterling
Sterling is heading to record a loss for a 10th consecutive week against the Euro with the political uncertainty weighing on the currency. RSI also continues to move along the overbought area. The volatility is expected to increase as the October 31 deadline is approaching. Breaking above the 0.9000 will make new highs in sight.

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