GBP News 

Reverse Brexit to save your economy, world’s richest countries tell UK

“Economic experts have made an explosive suggestion of a further referendum to reverse Brexit, to avoid the crippling of the British economy” writes Rob Merrick for independent.co.uk. The OECD analysis suggests a “no-deal” Brexit would wipe up to a staggering £40bn off UK economic growth by 2019.The report was immediately seized on by one pro-EU group as the “final nail in the coffin for the already long-buried notion that Brexit will benefit our economy”.The UK economy will grow 1.5 per cent slower in 2019 if the country crashes out of…

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GBP News 

Hate crime reports rose by 29% in year of Brexit vote

“Both racist and homophobic hate crime increased by 27%, while religious hate crime rose by 35% and incidents against disabled people and transgender people rose by 53% and 45%” writes Assistant News Editor for huffingtonpost.co.uk. The number of hate crimes recorded by police surged after the Brexit referendum to be 29% higher than the previous year, the biggest increase ever recorded.The figures also include a rise in hate crime after the Westminster Bridge attack in March, the Home Office said.The Home Office said the figures were due to improvements in…

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GBP News 

Reversing Brexit with a second referendum would have a ‘positive’ impact on economy, OECD claims

“A second referendum that reverses Brexit would have a “positive” and “significant” impact on the UK economy, a leading think tank has claimed” writes Deputy Political Editor for telegraph.co.uk. The OECD report says: “In case Brexit gets reversed by political decision (change of majority, new referendum, etc.), the positive impact on growth would be significant.”. The Organisation for Economic Co-operation and Development has projected that the British economy will grow by just 1 per cent next year in part because of uncertainty around Brexit. Source: telegraph.co.uk Share This:

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GBP News 

EU is not ‘the enemy’ and Brexit talks are ‘constructive,’ UK finance minister insists

“Britain’s finance minister denied that talks between the U.K. and the European Union were deadlocked and said it was clumsy to call EU negotiators “the enemy.”” writes Holly Ellyatt for cnbc.com. Philip Hammond told CNBC on Monday that he didn’t think the talks had stalled between the two sides, raising the prospect of “no deal” scenario at the end of the U.K.’s two-year Brexit negotiating period, in March 2018.”The real interests of the parties are so blindingly obviously in the best interest of both the U.K. and the European Union…

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GBP News Reviews 

GBP Daily Review October 17, 2017

GBP Daily Review for October 17, 2017 Citi Trade Of The Week: Buy GBP/USD Currency investors should consider buying GBP/USD* this week, advises CitiFX Research in its weekly FX pick.Citi recommends buying GBP/USD around 1.3293, with a target of 1.3550, and a stop of 1.3150.”We anticipate an extension of recent weakness in USD…..GBP should represent an attractive target for USD….With expectations on US monetary a   A Weekly Technical Perspective on EUR, GBP & CAD A broader technical picture offers perspective on where we are in trend. Here are the…

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Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20171016 PRELIMINARY

According to CME Daily Bulletin for GBP calls and puts, on 20171016 the maximum open interest for calls has been registered at 1330 and reached 3444. Change in open interest was +60. Given the current forward points value 23.55, FOREX target price would be 1.32765. Maximum open interest for puts has been at 1320 and has made 1143. The FOREX target price is 1.31765.See how to use Daily Option Expiry Levels at http://zentrade.online/use-daily-option-expiry-levels/. Alternatively, find below distribution according to combined maximum volume and open interest. Share This:

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GBP News 

‘No Deal’ Brexit Will Leave Poorest Families £500-A-Year Worse Off, Claims Study

“No deal risks price hikes in the shops as a result of extra charges on everyday items, such as food and drink” writes Deputy Political Editor for huffingtonpost.co.uk. The EU has vowed not to begin trade talks – which could avoid a ‘hard Brexit’ – until “sufficient progress” has been made on the issue. And yet, the only solution Ministers have offered to this potential crisis is ‘dig for no deal’.She added: “Britain crashing out of Europe without a deal is simply not a viable option. Source: huffingtonpost.co.uk Share This:

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GBP News 

Facebook will train British teens to stand up to online bullying

“In 2014, another study by Cox Communication found that 39% of teens had witnessed online bullying on Facebook, while 29% on YouTube, 22% on Twitter and Instagram” writes Gianluca Mezzofiore for mashable.com. Acknowledging that students are more likely to open up with their peers rather than with adults about online bullying, Facebook has decided to partner with two youth charities — Childnet International and The Diana Award — to train “anti-bullying ambassadors” in each UK secondary school.Facebook has long been the worst social network for cyberbullying, though recently Instagram has…

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Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20171013 FINAL

According to CME Daily Bulletin for GBP calls and puts, on 20171013 the maximum open interest for calls has been registered at 1335 and reached 0. Change in open interest was 0. Given the current forward points value 24.05, FOREX target price would be 1.33259. Maximum open interest for puts has been at 1330 and has made 0. The FOREX target price is 1.3276.See how to use Daily Option Expiry Levels at http://zentrade.online/use-daily-option-expiry-levels/. Alternatively, find below distribution according to combined maximum volume and open interest. Share This:

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GBP News 

ANALYSTS: The pound could drop almost 20% further in a ‘no deal’ Brexit scenario

“Business Insider looked at the forecasts for the pound of five analysts at major financial institutions in the event of a soft Brexit” writes Will Martin for businessinsider.com. But as Brexit talks start to falter — reaching “deadlock” last week — the pound is in focus once again.This week, we’ve taken the same analysts and provided their predictions for a hard Brexit in which the UK drops out of the EU without a trade deal.LONDON – The most noticeable economic impact of Brexit on the average Brit in the past…

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