The under-pressure British Pound will look to the Chancellor of the Exchequer to bail it out today.
Strategists at Deutsche Bank have turned sellers of the Pound, suggesting the 2025 decline is still relatively small.
The British Pound could fall further in the near term, but if you don't believe a full-blown financial crisis is imminent, buy some cheap pounds.
When the Pound and UK gilt yields diverge, you know something is wrong.
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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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