GBPUSD CAN RALLY ON A BREXIT DEAL
GBPUSD can rally on a Brexit deal
GBP/USD has been struggling amid rising coronavirus cases.
The UK government refuses to impose a national lockdown, but fears are they would have no choice. EU/UK negotiators made progress this week toward resolving some a big disagreements in Brexit talks raising hopes for a deal by early November.
“A deal by mid November, approved by a special EC Summit, endorsed by EU Parliament’s 24-27 plenary session and ratified before mid-December. 45% chance and could see GBP lift 8-10%.”