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Why sterling is rallying — #SaxoStrats
Following British prime minister Theresa May's call for a vote on June 8, GBP has been rallying. According to Saxo Bank's Head of FX John Hardy, there are several reasons, but he points to short covering as the main contributor as well as a potential softer Brexit.
02:28 minutes
Tags: currencies, currency trading, eurgbp, fx, gbp, john hardy, saxostrats, saxotradergo, sterling, tradingfloor.com, usdgbp
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