Overnight comments from UBS Wealth Management strategists
- risk of no-deal Brexit is overdone
- Our base case is that a no-deal Brexit will not occur on October 31 and a general election or second referendum will follow
They like GBP
- say its oversold
- should begin to rebound if Parliament forces new PM BJ to seek another extension to the Brexit deadline
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Oversold …. trap for noobs that word ….