Goldman Sachs with a recommendation to clients to buy GBP, targeting $1.30
- GS cite low chance of ne deal exit, snap elections more likely t
- distribution of risks skewed to the upside
- but do warn that the exact path ahead for Brexit remains uncertain
- "The odds of agreement by the end-October deadline may still be below 50%, but the distribution of risks for sterling has improved over the last month due to changes in the UK position on a number of issues and cross-party efforts to prevent no-deal"
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ps Oct 31 the current date for exit, but watch Oct 19 for what the EU has to say.
