The analysts say that the surge in the short-term £ has not ended up until 1.30!
HansomBart
May 16
Alex Kuptsikevich, Senior Market Analyst, FxPro, reported: “The response to £ has been very interesting. After the rebound of the £ since early March, market participants continued to benefit from the idea of “sold in May before leaving the market ugs”. Following the announcement of interest last week by the British Central Bank, the exchange rate of the pound immediately increased to 1.2640, followed by a collection of 1.259. At the same time, the pound Euro exchange rate rose to a maximum o...
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