Sterling made the strongest rise in three months against the USD after the decision of British Prime Minister Theresa May’s Brexit Plan required to be voted on the Parliament. Sterling gained significant value against all the most important currency pairs. Especially, in the first hours of the day, GBP/USD parity is increasing strongly. The parity started this day with 1.2116 level, but at the last minutes, the parity reached 1.2262 level. In the near future, Theresa May’s Brexit Plan may cause a lot of positive development on Sterling against many important pairs which are traded on the global forex market under today’s market conditions.
- Date: 12 October 2016 Wed 19:23
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