Sterling trading volumes have fallen sharply since March post- Brexit delay

Dhwani Mehta FXStreet

Amid looming first vote for deciding the next Conservative Party leader, Reuters reports some interesting headlines, citing that the Sterling trading volumes have fallen sharply since March after the UK delayed its exit from the European Union (EU).

Further, it was reported that the average daily trading volumes of the British pound shrank 9.1% in May vs. a year earlier.

Extra Reading:

GBP/USD technical analysis: Bears set to regain control, a sustained break below weekly lows awaited

UK: Politics in focus - TDS

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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