The pound sterling (GBP) is looking stable as we head into a busy day of data. There is nothing from the UK due, so drivers will be external and technical in nature.
The British Pound Sterling (GBP) will face up to the release of the March PMI service sector data at 09:30. A disappointment will most likely ensure the UK unit comes under pressure today.
The British pound exchange rate complex is proving a tricky prospect at present, but we bring you the latest views and opinions on how to approach the currency on Wednesday the 2nd of April.
The pound sterling (GBP) is looking firm at the start of a new week, and on the cusp of a new month. We will see fresh data come on tap this week which will surely provide near-term guidance on the UK currency.
`The British pound is truly on the front foot against the Euro at present however we see the unit stuck in a period of protracted losses against the commodity dollar complex.