Yesterday was another mixed day for sterling. The British currency found some early morning strength with the news that unemployment claims had showed a surprising reduction in the wake of the UK’s vote to leave the European Union. However, the release of UK labour data figures saw sterling lose ground across the board as average earnings grew less than expected throughout the past month.
Another big day lies ahead for sterling, with retail sales figures for the previous month set for release this morning.
If you are looking to buy or sell sterling, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.