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BREXIT FALLOUT

PM May's exit strategy holds up pound but political risks loom large

Sterling's recent recovery belies its vulnerability as current account deficit widens, sentiment swings

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Sterling strengthened against all major counterparts on Tuesday after Ms May pledged to quit the single market and instead seek a customs agreement with the bloc to deliver "a smooth and orderly Brexit".

London

THE POUND may have rallied the most since the 1990s after Prime Minister Theresa May promised a parliamentary vote on taking the UK out of the European Union, but the currency isn't out of the woods yet.

Sterling strengthened against all major counterparts on Tuesday after

sentifi.com

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