GBP

british pound falling coins

The Sterling Pound Weakens

Sterling exchange rates have taken another hit today. It broke through the range that it has been stuck in for the last month. The GBP/EUR exchange rates are nearing the lowest levels they have ever been at since November 8th, when the elections in the U.S. concluded. If you sell currency to buy Pounds, then this may be the time to do it. If you’re looking to buy foreign currency sometime in the future, then you will probably be a bit concerned. This is because of the level of resistance being shown. The markets have listened to David Broadbent, who…

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