Sterling revives on hopes of a UK-EU trade and services deal
BOE's new forecast that UK economic slump will be less severe than expected also contributes to pound's rise
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THE British pound has risen sharply since the beginning of July, mainly on hopes of a steeper revival and that there will be a Brexit trade and services deal with the European Union (EU).
Some negative politicians and media are worried that there would not be a deal as the UK government will not bend to all EU wishes for fair competition on a "level playing field" and EU fishing rights in British waters.
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