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Where do people see GBP/USD trading in the event of a deal or no deal? I can see it rising past $1.40 in the event of a deal, and as low as $1.20 without one. What are your thoughts?
To be honest: it is almost impossible to predict the exchange rate.
The GBP/USD pair has recently fallen due to the increased risk of a no deal brexit deal. Then it has recovered somewhat.
But beware: There are several other factors independent of the brexit deal that determine the GBP exchange rate...
