(Bloomberg) -- Investors bullish on the U.K. pound have gotten used to brushing off concerns about Covid-19 infections and the post-Brexit future. Now, a sudden rethink on the global recovery is bringing those worries back into focus. Sterling is on course for its first back-to-back monthly declines versus the dollar since March 2020 -- when the coronavirus became a pandemic and spurred turbulence in markets worldwide -- and only its second month of losses versus the euro in almost a year.Allian
The company wants to raise £5m in a move that could make it the first of its kind on the London market.
The British pound fell rather hard during the course of the trading week to reach down towards the 50 week EMA before turning around and forming a supportive looking candlestick.