10:18 AM · 5 December 2019

GBPUSD continues to push higher as elections loom

The British pound keeps strengthening against other major currencies. GBPUSD trades at 7-month high, slightly below the 1.3150 handle. GBP bulls are encouraged as election polls continue to show solid lead of Conservatives over Labour. Moreover, Prime Minister Johnson pledged to deliver Brexit within 100 days after the elections.

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