Pound at mercy of Brexit talks, political situation – Oanda

Oanda Senior Market Analyst Craig Erlam believes the GBP exchange rate depends on how the Brexit talks unfold and the political situation in the UK. Erlam says the US dollar is heavily sold and due for correction. He expects EUR/USD to revisit 1.10 handle.

Watch the full segment as Erlam details the key technical levels on the major pairs – EUR/USD, GBP/JPY and GBP/USD.

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