Pound Sterling Holds Firm Near the Highs
- Category: GBP
The British pound consolidates near key technical objectives, maintains year-end uptrend.
Pound Hits Four-month High
- Category: GBP
The pound reached a four-month high against the dollar and a two-month best against the euro.
The pound faces renewed downside risks as the factors that previously supported sterling have largely run their course, according to analysis from NatWest.
The British pound holds short-term uptrends against the euro, dollar and other major currencies, despite news the UK economy stalled in the third quarter.