GBP remains volatile on Brexit – Danske Bank

Pablo Piovano FXStreet

Chief Analyst at Danske Bank Allan von Mehren noted the Sterling remains vulnerable on Brexit developments.

Key Quotes

“For GBP, risks remain skewed to the downside as Brexit negotiations ended last week without a deal”.

“We expect EUR/GBP to remain volatile and sensitive to Brexit news in the coming months ahead of the EU Summit in December, where we still think it is likely that a deal will be reached”.

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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