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GBP/USD seen at 1.1000 on a hard Brexit – HSBC

Analysts at HSBC offer the outlook on the GBP/USD pair, in the wake of the three various Brexit scenarios.

Key Highlights:

If the UK stays in the EU, GBP/USD to rise to 1.5500.

In case of a hard Brexit, the Cable is seen at 1.1000.

The pair could test 1.3700 on a softer Brexit.

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