Monday 1 May 2017

The prospects for the pound till the end of the year

The pound will most likely be the most volatile currency among the major ones. We have seen how the situation for the British currency can be radically different with every day and every statement of a major state functionary.
Uncertainty over the British currency is serious, and it will most likely continue to be preferred by hyper-speculators, as well as being avoided by investors who want more clarity about the direction of movement.
There are early elections in the country, which, however, are perceived as positive by market participants. We have already seen how one of the most bearish currency analysts, in the face of Deutsche Bank, has changed its expectations for the pound.



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