GBPUSD Indraday Outlook December 16th
Following the BBC’s Andrew Marr Show earlier this Sunday, the UK Deputy Finance Minister Rishi Sunak stated that PM Johnson is reconsidering bringing back Brexit bill to parliament before Christmas.
Key Quotes:
“The overriding mandate that we have from this election is to get Brexit done ...We will leave the European Union in a matter of weeks, by the end of January. We intend to bring the Withdrawal Bill, the legislation, back to parliament before Christmas.”
“It’s our number one internal priority and I think this piece of legislation will just underscore that promise.”
The UK government’s promise to getting Brexit done quickly is likely to add to the optimism around the British Pound. Markets could see a fresh round of buying the GBP/USD pair in Monday’s Asian trading, with 19-month highs of 1.3515 back on sight.
Outlook backed up with Poshtrader Hull Moving Average 50 and ADX Signed
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Key Quotes:
“The overriding mandate that we have from this election is to get Brexit done ...We will leave the European Union in a matter of weeks, by the end of January. We intend to bring the Withdrawal Bill, the legislation, back to parliament before Christmas.”
“It’s our number one internal priority and I think this piece of legislation will just underscore that promise.”
The UK government’s promise to getting Brexit done quickly is likely to add to the optimism around the British Pound. Markets could see a fresh round of buying the GBP/USD pair in Monday’s Asian trading, with 19-month highs of 1.3515 back on sight.
Outlook backed up with Poshtrader Hull Moving Average 50 and ADX Signed
Don't forget to hit the follow and like button
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