Mohammed Abdullah Posted January 24, 2020 Share Posted January 24, 2020 Why did the GBP drop after positive data? Quote Link to comment Share on other sites More sharing options...
0 Djamel Brahimi Posted January 24, 2020 Share Posted January 24, 2020 You can't really no for sure in these instances, but i do have my own reasons. I believe it is because of the overall macro picture. We have seen an escalation in fears regarding the coronavirus. And, because of those fears we will see capital flows into safe havens. The euro is more of a safe haven than the GBP and so we saw it weaken overall today. Quote Link to comment Share on other sites More sharing options...
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Mohammed Abdullah
Why did the GBP drop after positive data?
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