It’s been a balanced week overall for sterling: significantly positive against the ‘safe haven currencies’ of the US dollar, yen and Swiss franc and more negative against the antipodean dollars and Scandinavian currencies, with GBP/EUR in the middle, barely moving. The only serious data points on the horizon are Gross Domestic Product (GDP) on Thursday, so it is likely to be the Middle East and White House rhetoric influencing the markets before then. Needless to say, it could all go either way.
GBP/USD past year
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