# GBP/USD: No Deal Brexit Fears Rise As Boris To Reject EU Regulatory Alignment - Currency Live

> Sterling had its best week among G7 currencies after the Bank of England held rates at 0.75% and the UK left the EU. Boris Johnson was then expected to reject high regulatory alignment with the EU, raising fears of no trade deal by year-end.

- Date: 2020-02-03 · published 2020-02-03T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/54833-gbp-usd-no-deal-brexit-fears-rise-as-boris-to-reject-eu-regulatory-alignment
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Increased no-deal risk pressures sterling and the euro against the dollar, a macro channel that can influence dollar-denominated commodity pricing at the margin.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- currencylive.com: https://currencylive.com/news/102251-gbp-usd-no-deal-fears-rise-as-boris-to-reject-eu-regulatory-alignment/

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