Could the upward trend for the Pound continue through 2018? (Joseph Wright)

Could the upward trend for the Pound continue through 2018? (Joseph Wright)
January 19
09:24 2018

Those following the Pound to Swiss Franc exchange rate will be aware that the Pound has been climbing for a some time now. I think that after such a steep drop due to the shock of the Brexit vote 18-months ago the Pound was bound to recover eventually providing that the economy remains resilient and that’s what we’re seeing at the moment.

Sterling has been recovering against most major currency pairs recently with the headlines covering the GBP to USD rate and how the pair are trading at an 18-month high.

Sterling is benefiting from improved sentiment as the economy has shown some improvements and many expect to see a softer Brexit take place meaning that the shock to the economy is less drastic.

This morning there will be the release of Retail Sales data which will demonstrate how healthy spending habits over the Christmas period were, with many analysts expecting to see a drop as consumers feel the pinch of increased living costs.

If you would like to be updated in the event of a steep price movement between the Pound and the Swiss Franc, do feel free to register your interest with me as working on a dealing floor allows us to react quickly to the changes.

If you have a large currency exchange to carry out in the coming days, weeks or months then you are more than welcome to speak with me directly as I will be more than happy to help you both with trying to time a transaction and getting you the top market rate when you do come to buy your currency. A small improvement in a rate of exchange can make a huge difference so for the sake of taking two minutes to email me you may find you save yourself hundreds if not thousands of Pounds. You can email me (Joseph Wright) on and I will endeavour to get back to you as soon as I can.

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Joseph Wright

Joseph Wright

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