Sterling Gains But Investors Remain Cautious On Brexit Uncertainty – 10 April, 2019
Uncertainties of the future of Britain and the European Union has left sterling in limbo, edging up just enough but kept under the close watch of investors as they prepare for the EU to extend a second Brexit delay. Better than expected economic data also helped push the pound higher, with February growth numbers gaining 0.2 percent. Sterling rose as high as 0.3 percent to $1.3086 before settling at $1.3070. The pound also strengthened 0.1 percent against the euro to 86.19.