Update: Sterling suffers sharp losses

Economies.com
2019-01-15 19:01PM UTC

The GBPUSD pair declined strongly after the Parliament Brexit vote reject today, to move around 1.2700 level now, on its way to test the key support 1.2636, noting that breaking this level will extend the pair’s losses to reach 1.2500 as a next station, while the price needs to trade above 1.2800 again to start new recovery attempts.

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