Sterling Bounces

Sterling Bounces

EUREURUSD relentless offered tone continues, with a lot of traders and spec players getting severe FOMO and seeing some participation via downside structures being put in place.  Still reluctant to add shorts down at these levels, but  1.0925-30 area can act...
What’s next for Sterling exchange rates?

What’s next for Sterling exchange rates?

Last week, Sterling fell by around 1% across the board and was the worst-performing currency of the week following negative rhetoric surrounding the UK-EU trade deal expected to be done this year. The Pound has failed to go back to the 1.19 level a few times and now,...
What’s next for Sterling exchange rates?

Pound Sterling Report

Finally, now Christmas and New Year is out of the way, we can get back on to the markets and see what is ahead of us over the next few weeks! As we entered 2020, Sterling lost the majority of its gains against the Euro and Dollar that we saw after the Election...