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Sterling is still up against several major currencies this year, but momentum is fading
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Sterling has made it through Britain’s latest political disaster and global tension without falling apart, but the pound is losing steam as the U.K. falls behind the change toward higher rates. So far this year, the currency is up roughly 1.6% against the euro, 2.8% against the Swiss franc, 4.9% against the Swedish krona, and... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Sterling's performance has minimal direct effect on crypto markets.