Pound and FTSE100: Correction of Multi-Month Decline, But Not Yet a Bull Market

The British Pound is back above $1.2000, while FTSE100 is knocking on its 200-day moving average from below, testing the 1.5-month high area. The combination of a rising Pound and FTSE deserves attention, as this is often a sign of a global recovery in demand for risky assets. However, we would not rush to such […]

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