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Forex News GBP: UK Elections: Room For GBP Spec Selling As Shorts Covered Ahead Of Elections - Danske

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Peter

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Danske Bank FX Strategy Research Research comments on GBP direction in the aftermath of the UK elections noticing that what matters for sterling near term is the strength of the government that goes to Brussels to negotiate Brexit terms on behalf of the UK – and with any possible governing coalition set to be weak, so will GBP be.

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