Focus has shifted back to the daily data.
More recently, investors have been looking beyond Covid.
The Pound continues to look in decent shape against the Euro. An uptrend still looks in place, but it is hardly convincing.
Against the US Dollar, the Pound has lost momentum. If anything, there looks to be a negative bias developing.
That’s not surprising given how much ground the Pound has gained against the Dollar in 2021. A broader Dollar recovery has been building across other currencies too.
What should you do?
Like the ocean, currency markets are constantly churning.
A market without volatility would be unnatural, like an ocean without waves.
For some people, the volatility of exchange rates can be exciting, providing opportunities to grab a better rate.
For other people, the constant ebb and flow can feel threatening, especially if you are on the wrong side of the move.
Part of our service is to help guide you through exchange rate volatility.
We are always happy to discuss the latest market trends and the best rates available.
To speak to a member of our team, call 01872 487 500.
Or click below to find out our latest rates.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Wednesday 23rd June 2021 at 12:10
£1.00 GBP = 1.1691 EURO
£1.00 GBP = 1.3962 USD
£1.00 GBP = 1.8443 AUD
£1.00 GBP = 1.9832 NZD
£1.00 GBP = 1.7166 CAD
£1.00 GBP = 19.8224 ZAR
How to Save Money on your foreign currency transfers