Brexit Talks Help Push Sterling Higher – 5 September, 2018

Sterling rebounded off a two week low with the expectations that Germany and the United Kingdom will release Brexit negotiations and a possible breakthrough in talks. The talks were enough to motivate investors to buy the currency which rose to a three day high of $1.2983. Against the euro, the pound rallied to 89.65 pence after earlier struggles of sitting at roughly $1.2787.