# Britsh Pound Traders Draw on Last Four Years to Weigh Johnson Threat

> Sterling has been volatile since the 2016 Brexit vote, with several prime ministers, rate changes and crashes along the way. Traders are discounting Prime Minister Boris Johnson's latest no-deal threat.

- Date: 2020-10-15 · published 2020-10-15T12:00:00.000Z
- Category: policy · region UK · magnitude low
- Page: https://feedsoft.ai/events/50875-britsh-pound-traders-draw-on-last-four-years-to-weigh-johnson-threat
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Traders treating the no-deal threat skeptically limits sterling downside, which keeps GBP/USD pricing stable for importers of grain and feed inputs.

## Read by commodity

- GBPUSD: neutral

## Sources

- bloomberg.com: https://www.bloomberg.com/graphics/2020-british-pound-gbpusd-reacts-to-brexit-deal/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
