Home » Currency Note » Currency Note » Currency Note GBP » GBP: The pound continues to trade sideways

The pound continues to trade sideways in the absence of any data or Brexit news. FTSE, the UK stock market, enjoyed a strong bounce of almost 4% along with all the other world indices on Wednesday, but gave back most of those gains yesterday before making back about half. It is not until next week and PMI data that we will have any significant releases for the UK, but sterling remains more likely to be dominated by the shadow of political rhetoric and activity going into 2019.

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