Monday, December 9, 2019

GBPINR : Fundamental View : 10.12.2019

GBPINR : Fundamental View : 10.12.2019

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* GBP increased against USD by 0.06 percent yesterday while GBPINR appreciated by 0.37 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. The result of UK elections will be announced on 12th Dec’19.

* GBPINR is expected to move sideways in today’s session.