GBP/USD trade news cause sharp drop

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Thursday morning, the GBP/USD currency exchange rate dropped by 126 base points or 0.97%. 

The drop was attributed to news from the EU and UK trade delegations that they could not reach an agreement on the matter of state aid in their new trade agreement. Namely, the trade agreement is at a stalemate.
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