The Sterling is on the weak side for Monday after steady declines in recent weeks has set the GBP/USD into 12-month lows.
Brexit concerns remain close at hand, but broader markets are currently reeling from a vicious contagion risk adjustment after the US imposed damaging tariffs on Turkey.
A thin schedule on the economic for Monday will have traders looking towards Tuesday’s Average Earnings report to deliver some good news for the GBP.
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