British pound is the strongest among major currencies once again as investors do hope that a Brexit date will be eventually delayed. The UK government released a report saying that border checks will cost business 13 billion pounds a year and that companies are not prepared for hard Brexit but PM May promised the Parliament a vote on extension of negotiations if her deal is rejected again. GBPUSD smashed the resistance zone around 1.3250 and trades at the highest level since July.
British pound soars on Brexit optimism
Feb 27, 2019