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Sterling sees a negative reversal due to Ministers adding pressure on PM May

  • Regular
  • FX Market
  • 6 months ago
  • 83

Tuesday saw a positive start for the Sterling however as trading got underway on the other side of the Atlantic, the British pound took a negative turn upon the news that Theresa May has found herself fighting against her peers once more as they request led to disclose the full legal advice on the proposed Brexit deal.

The Sterling hence found itself dropping to $1.2676, its lowest since June 2017, according to Dow Jones Market Data. 

However it still maintained strength against the Euro, with one EUR buying £0.8935.

 

 

 

 

 

Source: Smart Trend Team