Flash: GBP/USD approaching yearly high - Investec

FXstreet.com (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec notes that GBP/EUR and GBP/USD buyers will be wishing they could predict the future as both pairs approach year highs.

Key Quotes

“The question for many is ‘will this upward move for GBP continue?’”

“Having spiked and retraced on several occasions in 2013, we’re sure you won’t want to miss out on current levels, on the other hand with GBP/EUR year highs at 1.2366 some may well hope that we reach these levels once more in 2013.”