Great Britain Pound Higher as Threat of Brexit Wanes

The Great Britain pound climbed against its most-traded peers during the Tuesday’s trading session after comments from Mark Carney, Bank of England Governor, and Brexit polls.
Carney talked about downsides of leaving the European Union and upsides of staying in it. He also voiced an opinion that deflation is no longer a threat. Meanwhile, polls continue to show that the number of those who want to stay in the EU surpasses the number of those who would prefer to leave.
GBP/USD climbed from 1.4481 to 1.4600 as of 12:32 GMT today. EUR/GBP sank 1.2% from 0.7743 to 0.7647, trading at the lowest rate since February 4 when it has climbed 1%.

If you have any questions, comments or opinions regarding the Great Britain Pound,
feel free to post them using the commentary form below.

Leave a Reply

Your email address will not be published. Required fields are marked *