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home / news releases / UEUR - British Pound Sterling: Further Downside In Store For 2020


UEUR - British Pound Sterling: Further Downside In Store For 2020

The British Pound Sterling finally begun to fall in September 2020, after the currency staged a significant and apparently unceasing comeback from its March 2020 lows. GBP/USD has prominently risen to exceed its previous highs of this year, however most recently GBP has weakened as Brexit headlines have resurfaced.

(Chart created by the author using TradingView. The same applies to all subsequent candlestick charts presented hereafter.)

Most recently, we have learned of a new bill that will soon be debated in the U.K. House of Commons, which overrides parts of the Brexit

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Stock Information

Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E480
Stock Symbol: UEUR
Market: NYSE

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