Last week we had one drop after another as we navigated the choppy waters of the currency markets after the Brexit vote. What will happen this week, and where will the rates go next for the British pound?
Another Hard Knocks Week for the British Pound
After the Brexit vote became clear, it has been a tough path the British pound has had to tread. While we are still only a couple of weeks out from the vote, the pound has dropped steadily in value thus far.
How Would the Pound React to Brexit?
After months of speculation, the country voted for Brexit. The outcome of this will no doubt be seen and felt for months and years to come. But it would immediately impact the British pound on the currency markets.
The Referendum Dawns for the British Pound
Would Project Fear or Vote Leave be the winner in the referendum this week – only the third time a referendum of any kind has ever been held in this country. We would soon learn what the answer would be – and how it would affect the pound.
Another Challenging Week in Store
Once again the pattern was a challenging one for the British pound this week. We follow the ups and downs to determine what would happen overall.
Were These Troubling Times for the British Pound?
Would we be in a position to do better this week, or would the British pound continue to struggle as the referendum drew ever closer?
A Whole Array of Losses on the Currency Markets
The impending EU referendum appears to be making the markets twitchy. But how severely would they twitch this week?
Another Strong Performance from Sterling
It’s easy to make a joke about a ‘sterling performance’, but it really was true this week. The pound is in fine form.
A Strong Pattern Invades This Week’s Trading
We sometimes see a strong pattern of trading across a single week, and this was one of those weeks. you will be surprised to see just how strong that pattern was, as you read further.
Fighting Hard for Decent Results
Some weeks seem to require an awful lot of effort if the pound is to succeed in garnering good results. This certainly seemed to be one of them, as you are about to find out.