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Brexit weighs heavily on GBP, weak data for EU

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Brexit mania underway GBP recovery rally was quickly squashed despite positive headlines following UK PM Cameron’s renegotiated deal with the EU. The negative sterling sentiment was generated by news that London Mayor Boris Johnson announced his backing for leaving the EU. This move not only represents a well know populist embracing a key issue but potentially a leader to an otherwise fragmented political movement. We continue to stress that this Brexit debate has only

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