Post-Budget relief for British pound, but a wary eye on the local elections in May.
In short: tactical upside, strategic downside.
The British pound slid after the Office for Budget Responsibility released the details of the budget by mistake.
Pound sterling could see heightened volatility in the coming hours as the government announces its 2025 budget.
Horizon Currency Ltd
Albany House
14 Shute End
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RG40 1BJ Companies House Registration: 11242368
Horizon Currency's payment and foreign currency exchange services are provided by:
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 are 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).