WHAT HAPPENS TO THE POUND..

Pound enjoys relief rally as political uncertainty fades Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks… Latest currency news The pound has struck higher so far in May in response to fading political uncertainty and optimism over the reopening of the UK economy. During this period, we’ve seen GBP/EUR climb from €1.14 to €1.16, whilst EUR/GBP has retreated to £0.86. Meanwhile, GBP/USD has rallied to $1.41, while EUR/USD has risen from $1.20 to $1.21. What’s been happening? The pound has rallied through the first half of May, with the currency benefitti...
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