Sterling Undervalued as a Result of the Upcoming Referendum
GB Pound
Sterling continued its good run of form last week making solid gains against the euro and US dollar after an opinion poll showed a strong lead for the ‘Bremain’ camp. Despite the UK missing its second quarter GDP forecast, showing growth of 2% against the estimated 2.1%, the reaction was muted and did not stop sterling delivering gains of 1.7% and 1.0% against the euro and dollar respectively.
The bank holiday caused a slow start to the week for the UK however, with many experts Read more