Pound rebounds but seen as temporary

[zzzzhu456]

The British pound has finally found some support today on the back of a round of positive local data that brings to a halt the dramatic slide the currency has suffered over the past 2 weeks but a few analysts remain wary and predict that the pound will resume its downtrend.

 

[Notati]

I strongly believe that negotiations and acceptance of Brexit-deal (or not) will have significant impact on the GBP during the next short term period. Until then some market nervousness could be seen in terms of volatility