Terrorist attack unsettles pound

Open demo account
FOREX trading implies serious risk and can result in the loss of your invested capital

Financial and commodity markets analytics

The British pound has pulled back in late European trading today after possible attack has left the country grappling with fear.

At 4.24pm (GMT) the British currency was trading at $1.2472 down from $1.2513 in yesterday’s trading.

In what has been described as a possible terror attack on the British parliament building,

A man ran down several pedestrians as he drove as he drove a car across Westminster Bridge before crashing it into the gates of the Westminster palace before jumping out and stabbing police officer.

Prime Minister Theresa May was in the palace at the time but was seen racing off in a silver Jaguar and later reports confirm she is safe.

Former Polish foreign minister Radosław Sikorski was travelling across Westminster Bridge when the incident unfolded before his eyes,

" I looked through the window of the taxi and I saw someone down, obviously in great distress," noted Mr Sikorski

 "And then I saw a second person down. I started filming, and then I saw three more people down, one of them bleeding profusely. What I saw was an incident involving at least five people seriously injured." He added.

The attack threatens to undermine the British economy for fear of more to come may be connected with the Prime Ministers decision to trigger article 50 next week, and start the process for the UK to leave the EU which has left a bitter taste in many people’s mouth

The material published in on this page is produced by the FIBO group companies, and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Fibo Markets

Legal notice: FIBO MARKETS Ltd., previously FIBO Group Holdings Ltd.  is authorized and regulated by the CySEC (licence no. 118/10)

FIBO MARKETS Ltd., previously FIBO Group Holdings Ltd. operates in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union


29 Agias Zonis, 1st Floor, 3027, Limassol, Cyprus

© 1998—2023 FIBO MARKETS Ltd., previously FIBO Group Holdings Ltd.

IMPORTANT: Please be informed, that our services are available for Professional Clients only. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.