GBPUSD is still controlled by bears; the Brexit is the topic of the hour again.
The British Pound hasn’t been able to beat the pressure against the USD. The current quote for the instrument is 1.2173.
Dominic Raab, the British First Secretary of State, said yesterday that the country would definitely exit the European Union at the end of October no matter what. At the same time, he didn’t deny further cooperation with the EU, quite the contrary, he said that London was planning to continue to maintain a dialog with the alliance on subjects of the Iranian nuclear program, Hong Kong issues, and many other foreign-policy aspects.
Raab believes that the country’s Prime Minister Boris Johnson dissolved the Parliament not for avoiding any discussions relating to the Brexit issues. Nevertheless, right now this is the most popular version among market layers, which makes them feel very nervous and sell the Pound.
On August 28th, Johnson announced that the current British government would shut down until October 14th. Investors thought that it was Johnson’s way to get rid of his opponents, who might interfere with the exiting the EU without the agreement.
Anyway, the United Kingdom is set to exit the European Union on October 31st, 2019. Almost no time is left to arrange the deal.
Orgin: RoboForex
