British Pound extends its rally against US Dollar for the fourth day on Thursday during Asian session, hitting fresh highs near 1.3100 neighborhood. The uptick move is attributed to Brexit delay that has underpinned the sentiment around Sterling.
Moreover, it has been reported that 20 Remain ministers discussed in the parliament secretly to avoid no-deal Brexit which fuelled further demand of British Pound.
The spot rallied to 1.3081 on Wednesday, added near 140 pips which is the highest level since November.
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