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Home » Pound » GBP/USD oversold but Brexit fears continue.

GBP/USD oversold but Brexit fears continue.

Apart from being oversold on the technical charts, there is very little help as of now for the Pound. The latest exit polls remain in favor of EU membership. Still, Brexit fears continue to drive investors away from Sterling.
Today UK Economic data revision to UK fourth-quarter GDP is scheduled for release. Market expects GDP to be left unrevised. Across the pond, durable goods figure and weekly initial jobless claims are due for release.

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