The Labour Party will highly likely win the general election. However, what if it turns out to be unconditional? Is GBPUSD poised for a collapse, as in the case of the Mexican peso? Let’s talk about this topic and make a trading plan.
Fundamental forecast for pound sterling for today
The British Pound has so far strengthened against the world’s major currencies as investors bet on a Labour victory in the upcoming election on July 4. The markets believe that if this happens, relations with the EU will improve, and government spending will increase, raising the risk of inflation and… Read full author’s opinion and review in blog of #LiteFinance
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