UK Market Update Wed 01 May: Pound Up, FTSE Down, AIM in the Green.
GBP consolidated yesterday’s almost 1% gain against USD holding above the $1.30 level as a new month starts. The FTSE 100 initially rose before dropping almost 0.5% reflecting the stronger pound. The FTSE 250 was flat while AIM All-Share was similarly flat having rallied earlier in the session . Brent was flat on the day as it hugs its 21EMA which has been support since Dec’19: in fact… Read More