British pound rose slightly against US dollar despite the Brexit uncertainty continuing.
Boris Johnson's government is still trying to reach a deal on the Brexit, while facing a constitutional impasse after suspending the British parliament.
The British Parliament passed a bill to delay...
Steven Saywell, global head of FX strategy at BNP Paribas, says sterling is undervalued and a rate hike from the Bank of England at the end of 2014 could push the currency higher.
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Henry Dixon, U.K. equity portfolio manager at GLG, and Chris Turner, head of FX strategy at ING Financial Markets, discuss the strength of sterling and whether it is time to take profits.
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Nour Al Hammoury, market strategist at ADS Securities, says the current level of sterling is not worrying the Bank of England but a further rise could alarm the central bank.
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Neil Mellor, senior currency strategist at BNY Mellon, says sterling's strength is due to dollar weakness rather than strong data from the U.K.
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Michael Sneyd, foreign exchange analyst at BNP Paribas, says the U.K. jobless figure is positive for the economy and sterling and advises playing the currency against the euro.
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Daragh Maher, FX strategist at HSBC, and Stephanie Flanders, chief market strategist for the U.K. and Europe at J.P. Morgan Asset Management, discuss the potential stumbling blocks for sterling's rally.
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Jonathan Webb, head of FX strategy at Jefferies Bache, says that sterling is very much "a growth story" and advises being short euro/sterling but long sterling/Swiss franc.
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Geoffrey Yu, FX strategist at UBS, discusses the potential movement of sterling after U.K. Chancellor George Osborne delivers his Autumn Statement.
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David Bloom, global head foreign exchange strategy at HSBC, says that as the political situation "heats up" in the U.S., the go-to currencies are now the euro and sterling.
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