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Fundamental Forecast for GBP: Neutral

Sterling (GBP) Talking Points:

  • Sterling rally stalls ahead of crucial meeting.
  • Remember the outcome of the Salzburg meeting.

The DailyFX Q4GBP Forecast is available to download.

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Next week’s EU Summit meeting in Brussels (October 17-18) has been pinpointed by many as a pivotal point in Brexit negotiations. Sterling has ground higher over the last few weeks on expectations that a break in the current impasse will be...

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Author:Nick Cawley, Analyst