The Pound continues to resist Buck advances and...
The Pound continues to resist Buck advances and maintain recovery momentum against the Euro on a combination of Brexit positivity and hope that latest fiscal support will cushion the UK economy against further COVID-19 collateral damage. Cable is holding ‘comfortably’ above 1.2700, albeit unable to sustain a 1.2800+ push, while Eur/Gbp has breached 0.9150 amidst reports that Britain’s chief negotiator Frost and EU peer Barnier have laid foundations for formal negotiations next week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.