Why the pound’s rally could hit a roadblock

Sterling has recovered almost 10% since hitting an almost three-year low in September, after Prime Minister Boris Johnson’s snap election in December lifted political deadlock in Westminster.

LONDON: The pound is set for a yearly gain against the dollar, but it may struggle to take off further in the first quarter of 2020.

Sterling has recovered almost 10% since hitting an almost three-year low in September, after Prime Minister Boris Johnson’s snap election in December lifted political deadlock in Westminster.