As fears grow over a no-deal Brexit scenario, the Euro and US Dollar have continued to strengthen against sterling.
As fears grow over a no-deal Brexit scenario, the Euro and US Dollar have continued to strengthen against sterling. Comments from Bank of England governor Mark Carney on Friday began the move as he mentioned that the chance of a no deal was “uncomfortably high”. Then on Sunday international trade secretary Liam Fox put the odds of a no deal at 60%.
With the market fearing as to what the next few Brexit headlines hold and where the value of sterling may go, it might be a great opportunity over the next few days to change any euros or dollars to sterling.
Our latest rates:
GBP/EUR: 1.0975 EUR/GBP 0.8875
GBP/USD: 1.25 USD/GBP: 1.305