
According to Deutsche Bank's George Saravelos, the British pound has rallied due to expectations that Andy Burnham will become Prime Minister. Traders are now seeking new catalysts to drive further movement in the currency. The statement highlights market focus on political developments in the UK.
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Pound traders are seeking fresh catalysts after a rally
George Saravelos of Deutsche Bank AG made this statement.
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Pound traders will be looking for fresh catalysts after a rally.
PredictionPound traders will be looking for fresh catalysts after a rise in the run-up to Andy Burnham’s expected move into 10 Downing Street, according to Deutsche Bank AG’s George Saravelos.
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Pound traders will be looking for fresh catalysts after a rally.
PredictionGeorge Saravelos of Deutsche Bank AG made this statement.
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