Breaking News: GBPUSD surges above 1.28 as Brexit deal seems to be within reach

1:29 PM 16 October 2019

GBPUSD surges following reports saying that the main stumbling block towards the deal was removed. The Democratic Unionist Party is said to accept the latest proposal clearing the way for the UK and EU to sign a deal. 

GBPUSD surged above the 1.28 handle following reports suggesting that Brexit deal is within reach. The pair trades at the highest level since mid-May. Source: xStation5

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