# Pound hits $1.30 amid Brexit deal and trade war hopes - as it happened

> Sterling reached $1.30 on hopes for a Brexit deal and a US-China trade deal. The article notes the pound falls when no-deal Brexit looks likely and rises when it does not. Parliament's vote on the new Brexit deal was still uncertain.

- Date: 2019-10-21 · published 2019-10-21T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/56806-pound-hits-1-30-amid-brexit-deal-and-trade-war-hopes-as-it-happened
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency strength tied to trade-war optimism can modestly firm dollar-priced commodities. The direct feed-price effect is small.

## Sources

- theguardian.com: https://www.theguardian.com/business/live/2019/oct/21/pound-volatile-brexit-vote-sterling-ftse-bundesbank-business-live?page=with%3Ablock-5dad82618f0898437061a8f5

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