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With the March 2019 Brexit deadline quickly approaching, we wanted to take an opportunity to update readers on our latest views on Brexit. We still think a deal will be reached and ratified by E.U. and U.K. parliaments before the March 2019 deadline, and we expect the pound to move higher on balance over the coming weeks and months if that expectation is realized. However, we expect Brexit uncertainty to persist beyond March 2019, limiting the potential longer-term upside for U.K. economic growth and for the pound.

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