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Risk-Off Sentiment Pushes Yields Lower As GBP Heads South

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The pound sterling fell below the 1.28 threshold amid renewed concerns about the impact of Britain’s decision to leave the European Union on global growth. GBP/USD reached 1.2798, the lowest level since June 1985 before stabilising at around 1.29. It is hard to tell how far the pound can fall[​IMG]

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