Fundamental Forecast for British Pound: Bearish
- Lackluster UK inflation and employment data does little to boost the Sterling
- Most traders make the same mistake in their trading. Do you?
- View our 2016 forecasts for the British Pound and other major currencies
The British Pound finally showed signs of life as it recovered from multi-year lows to finish the week higher versus the Euro and the US Dollar. It was the first week in four in which the GBP rallied versus the Greenback and the first time in eight it gained versus the Euro. What are the odds it will recover further off of recent lows?