The pound is rallying today on news of a more hawkish Bank of England and comments from the European Union President that there won’t be a hard Brexit for England. Young Research turned bullish on the pound in the spring. The pound is up a few percentage points since then, but with a supportive technical backdrop and strength in the euro upside potential remains.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- China Started the Trade War - March 23, 2018
- How to Win in Retail? Unique Products - March 22, 2018
- World’s Largest Fund Manager Bets Big on Algorithms - March 21, 2018