Sterling continues to climb against the Euro pre election – the race hots up

The Pound has continued its positive trend against the Euro during the start of the weeks trading this is mainly due to the underlying cracks now appearing fully in Europe,  reasonably positive manufacturing data coming out from the U.K yesterday and people shifting funds in preparation for the election.

I am hoping it will be onwards and upwards following tommorows election however anything can happen….. If you have a transfer to make then it is imperative you keep in close contact with someone who has an eye on the market and carries knowledge of the best way to go about it.

Feel free to get in touch with me personally and I will be happy to explain the various options available to you inclusive of forward contracts, stop and limit orders.