Home » Currency Note » Currency Note » Currency Note GBP » GBP: Pound drifts from 21-month high

The pound began to come down from its 21-month high yesterday, possibly with an ‘exhaustion’ of new good news to keep it buoyed high following the end of the parliamentary debate.

Nonetheless, the pound is still stronger than previous weeks, as businesses react positively to news of a decreasing probability of a ‘no-deal’ Brexit.

In some further good news, UK consumer confidence figures came in higher than expected, increasing to -13, rather than the forecast -17. In total, it was up three points year-on-year. The savings index also grew four points to +18 – six points up year-on-year.

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

  • We handle your data with care and only ever as outlined in our Privacy Policy.

Keep up to date

Get regular, jargon-free currency market updates delivered directly to your inbox.

  • We handle your data with care and only ever as outlined in our Privacy Policy.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.

You have Successfully Subscribed!