Pound struggles on Brexit deal concerns
The pound struggled to find direction on Tuesday as jubilation over the signing of the recent UK-EU Brexit deal began to fade.
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The pound struggled to find direction on Tuesday as jubilation over the signing of the recent UK-EU Brexit deal began to fade.
The pound rocketed higher on Thursday, as GBP investors cheered the announcement of a long-awaited trade deal between the UK and EU.
The pound was turbocharged by Brexit optimism on Wednesday amidst reports that a UK-EU trade deal is imminent.
The pound found itself on the back foot once more on Tuesday, amid concerns over the state of Brexit talks.
The pound collapsed on Monday as GBP investors were spooked by the news that a new strain of Covid-19 had emerged in the UK.
The pound extended its recent gains on Brexit optimism yesterday, although the mood soured last night following pessimistic comments from Boris Johnso
The pound soared on Wednesday as hopes that the UK and EU will be able to reach a trade agreement in the coming days underpinned the currency.
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