The British pound may be drawing support from an unlikely source: widespread pessimism.
The British pound is underpinned ahead of the weekend by news the U.S. and Iran are set to agree an extended ceasefire, pending final approval from the U.S. President and senior Iranian leaders.
Pound sterling is softer against the euro and dollar on Thursday as technical headwinds weigh and a deterioration in the Strait of Hormuz weighs on investor sentiment.
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Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).