GBP/USD Drops
The British pound sunk below $1.20 this morning. This is the bottom mark of the last three-years.
This takes place as the Prime Minister Boris Johnson's delivered an ultimatum to lawmakers to back him on Brexit.
Now, the sterling trades at $ 1.2023, which is a drop of $0.00348 or 0.28% from the previous close of $ 1.20586.
The daily range is from $1.1958 to $1.2083, while the trading volume is 191.695K.
Many market analysts suggested that this was the heightened uncertainty that was panicking investors. Some are concerned that London could even leave the E.U. as early as Oct. 31
Many experts expect a no-deal Brexit scenario. UK domestic-focused stocks
