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british pound

BRITISH POUND HITS NEW HIGHS

GBP/USD has again hit fresh highs at 1.3842 and GBP/EUR reached a 10-day high at 1.1339. The movement appears to be triggered by news of French President Emmanuel Macron’s meeting with PM May, today, January 18, 2018. Although we are unsure of what these talks entail, discussions will likely be centered around Brexit, trade and […]

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BRITISH POUND STRONGER AGAINST US DOLLAR

UK Sterling increased this week following President Obama’s comments about whether the UK should remain in the European Union. The Pound has been under significant downward pressure recently, largely owing to the uncertainty of Britain’s future position in the European Union, ahead of June’s referendum. His pro-European position, backing UK Prime Minister Cameron’s ‘Stay’ canvassing

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