GBP The Pound started the year off well following the announcement of UK-EU trade deal just before Christmas but then started to struggle as Covid-19 cases continue to rise. Against the Euro the pound fell by just over one percent and had similar results against the Dollar though did hit a high since May 2018…

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GBP The Pound was the worst performing G10 currency last week as hopes for a trade deal between the UK and EU started to wane. Boris Johnson arrived in Brussels on Wednesday evening to have dinner with Ursula von der Leyen but was unable to close the gap on any of the key sticking points.…

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GBP Last week was one of the most volatile for the Pound as the Brexit merry go round continued, leading to sterling having a price range of 1.7% against the dollar and 1% against the Euro. The rumours continued to circulate with stacks of pizzas getting delivered to late night negotiations and leaked news that…

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GBP The Pound finished the week just north of the 1.12 handle against the Euro and just below 1.33 against the Dollar. Though a positive week overall for Sterling it never manged to break through the key resistance levels of 1.1215 and 1.3310 and instead spent week bouncing back off them. Should these levels be…

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GBP The pound started the week strongly as news broke on an effective COVID-19 vaccination being produced by Pfizer and that the UK Government had pr-ordered 40 million doses. This is by far the highest order compared to population size meaning that the UK economy is now on course to recover faster than its western…

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GBP The pound had an average week as it played second fiddle to the main event across the pond. Sterling only made gains against the Dollar (1.8%) and Yen (0.45%) but lost ground to the Euro (0.4%). There were more Brexit headlines this week though they did not bring anymore news as Michel Barnier reiterated…

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GBP Brexit negotiations dragged the pound backdown after hitting a 5-week high against the Euro on Wednesday afternoon. Boris Johnson’s self-imposed deadline of the 15th of October has now been and gone and with no further breakthroughs at the tenth round of talks tensions are starting to ride high on both sides of the channel.…

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GBP The pound finished the week strongly and managed to match the weekly high against the Dollar at just over 1.30 as sentiment towards the UK EU negotiations turned positive yet again. Against the Euro the Pound spent most of the week bouncing between 1.1015 and 1.0960, the price action fuelled by headlines about the…

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GBP The Pound had a roller coaster week as it reacted to every headline and rumour coming out of the Brexit negotiations, with the volatility reaching 1.4% for the week. Though given the volatility the pound still managed to finish the week 0.3% up against the euro and just over 1% against the dollar. The…

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