Sterling is not coming off - BBH

By FXstreet.com | July 02, 2014 AAA

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."



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