Pound keeps the distance

The GBP depends on the whims of a single person

What is more dangerous, the pandemic or Brexit? The GBP/USD rally to its monthly high gives a clue. As the epidemiological situation improves and the world’s major economies reopen, investors are willing to sell safe havens, including the US dollar. The risks of breaking foreign economic relations, a further slowdown in Britain’s GDP, and even the introduction of the negative interest rates by the Bank of England are losing their importance. There are even talks in markets that, if the transition period is not extended in June, the uncertainty will still decline,…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>