Currency Forecasts

Category: Buy Pounds


Political Uncertainty keeping the pound in check

Pound exchange have remained relatively stable today despite the on-going Brexit debacle. To highlight how much of shambles this whole process has been seven MP’s have resigned from the Labour Party in protest at Jeremy Corbyn’s approach to Brexit and…

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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Sterling falls following the resignation of David Davis and Boris Johnson

Pound exchange rates initially founds some support this morning following the resignation of Brexit secretary David Davis. This week was always set to be dominated by British politics with Mrs Davis quittting late on Sunday night, saying Theresa May had…

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EU Referendum: Hope for the best, plan for the worst….

Hope is a belief that an outcome will occur, and this hope, desire and belief foster confidence, however this is not a reliable tool when dealing with the Foreign Exchange market; by far the largest market in the world. Over…

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