Tools to manage currency risk around the General Election

Posted on Posted in Guides

Since the Brexit vote Sterling has been knocked nearly 10% against the EURO and 13.5% against the USD. Recently the call for a General Election has pushed the currency back up to 6 month highs, but as many recent political events have been won by outsiders resulting in significant exchange rate shifts the need to hedge […]

Sterling bullish against the Euro, although neutral and bearish against other majors.

Posted on Posted in Currency Forecasts

GBPEUR – fails to breakthrough short and medium term resistance. Potential support around 1.17 with resistance at 1.19. GBPUSD – could potentially break through resistance at 1.265. Support at 1.22. GBPJPY – potentially heading towards the bottom the range at 1.35. Resistance is currently just above at 1.43 GBPCHF – Could potentially trade up to […]