Sterling nears 3-year highs

You do get some strange moves in currency markets.

It’s why it often pays to grab opportunities when they arise.

It might surprise you to know that the Pound is sitting near 3-year highs against the US Dollar - the world’s reserve currency.

An incredible performance by the Pound given the fragile situation in the UK with COVID and Brexit.

Of course, the US has also had its fair share of pandemic and political troubles that have dented the Dollar.

The Pound Against the Euro.

Against the Euro the Pound has struggled to generate the same momentum. It’s been more of a rollercoaster ride in recent times.

The Brexit deal failed to give the Pound the leg up that many expected.

It was a sign perhaps that investors aren’t convinced the matter is resolved.

No doubt there will be opportunities for GBP-EUR buyers and sellers over the coming weeks, but these may well be short-lived.

Therefore, it makes sense to get in touch with our dealing team in advance to make sure we are aware of your requirements, and you can act quickly when the rate moves in your favour.

You can reach us on 01872 487 500.

Or to find out our latest rates, click below.

Thanks For Reading, What Next?

To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates:

Tuesday 19th January 2021 at 11:15

£1.00 GBP = 1.1229 EURO

£1.00 GBP = 1.3624 USD

£1.00 GBP = 1.7661 AUD

£1.00 GBP = 1.9117 NZD

£1.00 GBP = 1.7332 CAD

£1.00 GBP = 20.3657 ZAR

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