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Currency of the week GBP/USD: Soft Brexit or Hard

The pound enjoyed a rally on hopes for a soft Brexit, but the level of uncertainty is extremely elevated with the government not revealing its cards. The discussion in the Supreme Court should not alter the path of triggering Article 50. We also examined the economy. So far, it looks really great, with high employment, strong retail sales and optimism. However, it may have peaked. GBP/USD peaked under the initial post-Brexit high.

Video update on GBP/USD:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.