Pound Sterling could be a buy on an dips according to analysis from a leading Swiss-based financial services provider in what amounts to a contrarian view on the under-pressure currency.
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The British Pound has weakened against the Dollar of late but it is arguably too early to suggest a new downtrend is in place.
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The Pound to Dollar exchange is breaking below a key trendline as the new week begins.
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The Pound to US Dollar peaked at highs of 1.3280 on Thursday, before reversing and falling steeply following the Bank of England rate meeting, now analysts and traders are asking whether this might…
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The Dollar is on the rise after Non-Farm Payrolls smashed expectations on Friday
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Questions are however being asked as to whether or not this is a trend that can be sustained - just how high can Sterling go against the US Dollar?
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The Pound to Dollar exchange rate has been rising through the course of 2017 and those with the luxury of waiting for a better exchange rate have seen their patience pay off.
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