Mikael Olai Milhøj, senior analyst at Danske Bank, suggests that the EUR/GBP cross is unlikely to have a big impact due to the Brexit voting in the UK as markets have probably priced in support for a Brexit extension at this point. Key Quotes “If the Commons supports an extension, we could see a small move lower in EUR/GBP. Looking beyond this week, we see a risk investors will be disappointed in the coming weeks/months, which could lead to a higher EUR/GBP, perhaps to the higher end of the 0.85-0.87 range.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Conservative MP Boles: PM May should offer parliament votes on Brexit compromises FX Street 4 years Mikael Olai Milhøj, senior analyst at Danske Bank, suggests that the EUR/GBP cross is unlikely to have a big impact due to the Brexit voting in the UK as markets have probably priced in support for a Brexit extension at this point. Key Quotes "If the Commons supports an extension, we could see a small move lower in EUR/GBP. Looking beyond this week, we see a risk investors will be disappointed in the coming weeks/months, which could lead to a higher EUR/GBP, perhaps to the higher end of the 0.85-0.87 range." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
