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British Pound (GBP) Price Outlook: GBP Strength at Risk From Political Turmoil

GBP PRICE, NEWS AND ANALYSIS: GBP has been outperforming even a firm US Dollar over the past few sessions, with EUR/GBP falling steeply. That’s despite a row over second jobs for members of the UK Parliament and sleaze allegations centering on the ruling Conservative Party that could weaken the Pound longer term.   GBP AT RISK FROM POLITICAL CONCERNS Domestic politics tend to have only a long-term influence on currency rates and not to affect near-term trends

MongiIG

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