Can Brexit Hinder the British Pound Upside Move?

The British pound is likely to wobble against the dollar and the euro as Brexit talks takes the center stage again.

pexels photo The British pound is likely to wobble against the dollar and the euro as Brexit talks takes the center stage again.

After the British central bank decided to tighten the monetary policy, the pound has had a good run on the upside against the dollar and the euro.  It is firmly above 1.30 against the dollar.

How much can Brexit weigh on the pound?  It is yet to be seen at this moment. 

   

Leave a Reply

Your email address will not be published.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