FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman said there is no keeping sterling down.



Key Quotes



“The new high in the Nationwide house price index and a stronger than expected construction PMI have helped sterling extend its gains against both the dollar and euro."



"Sterling tested the $1.70 level on Monday and, with the help of today's data, pushed closer to $1.7180. For its part, the euro has slipped below last month's low and is now at its lowest level against sterling since September 2012."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Trading Video: Euro Volatility to Intensify, Equities Pause Collapse

  2. Forex News

    EUR/USD Technical Analysis: Key Support Below 1.10 Mark

  3. Forex News

    GBP shorts cut to lowest level in 8 months - Nomura

  4. Forex News

    GBP/USD Technical Analysis: Testing 3-Month Trend Support

  5. Forex News

    GBP/USD 100 hr level MA caps upside

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!