GBPINR : Fundamental View : 09.12.2019
* GBP increased against USD by 1.75 percent last week while GBPINR depreciated by 1.13 percent.
* According to the latest polls, Conservatives’ seems to be at and advantage and PM Johnson is ready to get his Brexit deal through the Parliament. Johnson has promised he will pass his deal within
100 days if he wins the election. He also pledged to deliver a budget within the same period. Construction PMI from UK came in at 45.3 for Nov’19 against market expectations of 44.5.
* GBPINR is expected to move sideways in today’s session.
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* According to the latest polls, Conservatives’ seems to be at and advantage and PM Johnson is ready to get his Brexit deal through the Parliament. Johnson has promised he will pass his deal within
100 days if he wins the election. He also pledged to deliver a budget within the same period. Construction PMI from UK came in at 45.3 for Nov’19 against market expectations of 44.5.
* GBPINR is expected to move sideways in today’s session.