The Pound has had a mixed day against most major currencies, losing even further ground against the Dollar yet still holding up in the high 1.21s against the Euro.
No major data has been released today and it appears that the markets are moving very much off the back of risk appetite.
Do you fancy yourself to be able to predict what the GBP/EUR rate will be on 31st August at close of play?? Our friends at Foreign Currency Direct are running a competition which is completely free to enter and takes just a minute of your time… I have guessed 1.2297 but feel free to comment on this post and see if you can get closer than me….. If anyone gets it spot on from this site then I may offer a bonus prize as it shows the high calibre of Pound Sterling Forecast readers!
Don’t delay – have a go today and feel free to tell everyone you work with and all of your friends!!!