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Friday, May 10, 2024

Currency Analysis – British Pound versus USD Cross (Video)

Courtesy of EconMatters

The British Pound has a Brexit Referendum on Thursday the 23rd of June which is putting downward pressure on the currency. The ideal trading scenario would be the United Kingdom votes to leave the European Union, the Pound gets hammered in the short term after this event, and this represents a long term value going forward, a strong buy in my book.

 

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