Pounds Sterling Drops against Dollars as Brexit looms

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British Currency fell against the US Dollar

The British Currency fell against the US Dollar and all indications suggest the ongoing Brexit negotiations are largely responsible for this turn of events.

According to Jean-Claude Juncker, a deal will most likely be reached by November.

The GBP dropped $1.3054 against the USD, and also fell by 0.1% against the Euro.

Strategists, however, have remained optimistic as progress is made towards a successful Brexit.

Image Credit: Pounds Sterling Live