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Currency traders brace for more Brexit volatility

Is the pound impossible to trade?

A potentially torrid week of Brexit volatility ahead has left investors nervous about taking up a firm position either way on sterling.

The currency started December with a bout of volatility, triggered by news from the European Court of Justice that the UK could cancel Brexit without explicit permission from EU member states. The slightest chance to stop the political chaos shifted the pound nearly 1 per cent higher against the greenback to $1.28 in the UK morning. 

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