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Goldman Sachs: Failure to reach Brexit deal would lead to sharp drop in sterling

September 06, 2018 at 02:02PM

Base case is that pound is fairly valued
Goldman Sachs sees a 30% chance that Brexit negotiators fail to reach a deal and that’s a scenario that would send cable quickly to 1.15 and EUR/GBP to 1.00.
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Author: https://www.forexlive.com/news/!/goldman-sachs-failure-to-reach-brexit-deal-would-lead-to-sharp-drop-in-sterling-20180906 Selected by SYFX+

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