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UBS GWM sees further volatility of the GBP

UBS Global Wealth Management expects further volatility in the GBP over the coming weeks as the next phase of Brexit unfolds. Last week, markets saw the GBP strengthen with GBPUSD reaching 1.298, EURGBP falling to 0.86, and GBPCHF rising to 1.274 as Boris Johnson requested an extension for the Brexit deadline. “We expect the EU to accept this extension rather…

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