Following on from last week we have seen a relatively stable market across the board for GBP/EUR and GBP/USD. With Sterling Euro still trading within its multiple month rangebound market.
Over the next few weeks we could see some positivity…
It’s been a tough start to the week for Sterling as against the Euro as we head into Wednesday. Over the past 48 hours we have seen nearly 2 cents lost…
Following on from last week’s trading we have seen sterling begin to rally again after we have seen multiple better than expected economic data releases…
Yesterday saw the minutes from the ECB’s April meeting released and with it signs that they could be readying to hike the EUR interest rate by 50bp as early as July…
UK Inflation figures released earlier this morning made for grim reading, as the UK economy continues to show increasing signs of significant economic stress…