The Pound has made minor gains against the majority of majors in early morning trading, especially against the antipdean currencies such as the South African Rand, Australian Dollar and New Zealand Dollar.

Sterling is testing pushing through the high of the year against the Euro which has presented a great buying opportunity for those with an interest in buying Euros and now also poses the question to those looking to sell of “is it going to go back again or are we looking at the start of a solid climb by the pound?”

Personally I feel the Pound may do well in the coming weeks however be well aware the slightest hint of our GDP figures being negative towards the end of April could officially put us back in a recession and could knock the Pound straight back down again.