Fundamental:
Pound may be "undervalued" but relative to what? Is it going to give you value? Probably not. So, let's get technical.
Technical:
Weekly chart bouncing from resistance. GBP relative to the USD look like it will get weaker.
Pound may be "undervalued" but relative to what? Is it going to give you value? Probably not. So, let's get technical.
Technical:
Weekly chart bouncing from resistance. GBP relative to the USD look like it will get weaker.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.