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Sterling near fresh monthly highs

Something strange is happening…

Who should you believe in this market?

There is a lot of conflicting news swirling around right now.

Yesterday the Chancellor, Philip Hammond, sent Sterling higher after he said Parliament could vote on a revised Brexit deal as early as next week.

But later in the day government sources claimed Britain hasn’t actually secured any changes to the deal.

It’s a reminder of the old market saying “Follow the price, not the news”.

For those looking to buy Euros or Dollars with their Pound Sterling here’s what you need to know:

You are in a significantly better position than at the start of the year.

Please get in touch if you would like to mitigate some of your risk and take advantage of the recent moves.

If you would like to discuss. Or to find out current rates, just click on the link below.

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