Home Breaking: GBP/USD breaks 1.3000 on Brexit hopes, highest in two months

Breaking: GBP/USD breaks 1.3000 on Brexit hopes, highest in two months

Updated: 23 Jan. 2019 | 10:53

The UK Parliament will discuss an amendment to the Brexit bill that will prevent a no-deal Brexit. In addition, the opposition Labour Party is moving in the direction of supporting a second EU Referendum, opening the door to reversing Brexit.

GBP/USD has been on the rise in recent days and made the move above 1.3000. Apart from being a round number, cable trades at the highest levels since mid-November.

more coming

See: GBP/USD Forecast 2019: Imprisoned by Brexit darkness Sterling is set to chart a check mark

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