Free Trial

Is sterling going to break the seasonal....>

STERLING
STERLING: Is sterling going to break the seasonal trend? At the start of April
we noted the tendency for GBPUSD to outperform in April. Rising every April from
2005 through to 2017. However, despite a strong start to April GBPUSD has now
reversed lower and is 0.39% weaker on the month, so far, risking a break of this
seasonal pattern. Also, last week MNI published an Analysis article (MNI
Analysis: Has Sterling Run Out Of Steam?) highlighting the vulnerability of GBP
to negative shocks.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.