Fri, Apr 10, 2026 03:34 GMT
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    Sterling surges as UK and EU said to be closing in on draft Brexit deal

    ActionForex
    By ActionForex

    Sterling surges as Bloomberg reported that UK and EU negotiators are closing in on a draft Brexit deal in Brussels. And there is even optimism that there will be a breakthrough before the end of today. GBP/USD takes out 1.2707 with conviction. Rise from 1.1958 is now on track to 100% projection of 1.1958 to 1.2582 from 1.2195 at 1.2819. Break will target 161.8% projection at 1.3205.

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