UK Pound Weaker in Currency Trading - InvestingChannel

UK Pound Weaker in Currency Trading

Forex trading with the sterling

UK pound is weaker today in currency trading on the FX market. Concerns about what’s next for the sterling are weighing on the pound.

Right now, there are worries that the Bank of England will consider more easing. That means that some weakness could be in store for the sterling.

The British economy has struggled quite a bit recently, unable to really make some positive progress. Sterling has been feeling the effects, and is broadly lower, losing ground to the dollar and to the euro. 

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