Market Research: GBP

Source: Dukascopy Bank SA
During past five trading days, the British Pound was a clear outperformer on the market. This currency surged considerably by as much as 1.32% from Wednesday of the previous week till Tuesday of this week, only losing against the US Dollar by 0.03%, which itself climbed 1.37% across the board. The Sterling has also traded clearly above the baseline since the second part of Thursday, while hovering below it on March 25. Australian and New Zealand dollars, in turn, were the major losers last week, which resulted in a drop of their crosses with the Pound of 2.08% and 1.34%, respectively.

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