Analyst suggests that economic indicators will drive the UK currency much more than the Brexit outcomes. In London, Ursula von der Leyen, New European Commission President and Boris Johnson, British Prime Minister met on Wednesday. Analysts suggest that the pound will not be affected by Brexit, until its outcome are clear. Till then, it will be guided by fiscal policy, economic data, and monetary policy. In the third quarter of 2019, the U.K. observed considerable improvements in the basic balance and current account.

Source: News 24 January 10, 2020 16:03 UTC