Monday 09, October 2017 by William Mullally

GBP set for positive reaction

Mihir Kapadia, CEO and Founder, Sun Global Investments

The Pound has climbed slightly against the Euro, reaching €1.119, but is still struggling to emerge from three-week lows. The currency has had a rough few weeks, especially in response to the political chaos in the country. With reports emerging of a cabinet reshuffle, Prime Minister Theresa May could use this opportunity to exert her leadership. We expect the pound to react positively to this.

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