Analysts at Lloyds Bank are targeting lower levels in Pound Sterling against the Euro, but look for a continuation higher against the Dollar.
A significant market selloff poses fresh headwinds to the Pound.
The British Pound dropped sharply after UK economic growth disappointed in April.
The British Pound edged lower against the Euro and Dollar after wage figures printed softer than expected.
Horizon Currency Ltd
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Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
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