A Life Beyond Europe: What Does Article 50 Mean for Sterling?

Since the result of the EU Referendum last June, buying sentiment towards British Sterling has been predominantly negative. The Pound saw some upsides the week before Article 50 was triggered, but the main catalyst behind this rebound was Dollar weakness, and the majority of traders maintained a negative view on the GBPUSD. The pair has been the subject of sell-on rally opportunities around the 1.25 region for some time.

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