GBP LIVE TODAY
Pound Sterling is Week's Best Performer, but Analysts Forecast Downside Ahead
23 August, 2019 |
Ahead of the weekend we see the British Pound is coming off the three-week highs it recorded against the Euro, U.S. Dollar and other currencies, with analysts expressing scepticism that the bounce following Prime Minister Boris Johnson's trip to France and Germany can be sustained.
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British Pound Jumps after Macron says Brexit Deal Can be Amended
22 August, 2019 |
The British Pound added to recent gains Thursday as markets digested the latest headlines on the Brexit impasse with French President Emmanuel Macron appearing to side with Germany's Angela Merkel in agreeing to allow the UK to present alternatives to the Irish border 'bacstop'.
GBP LIVE TODAY
Pound Sterling Today: Positive Merkel-Johnson Meeting "Would see the GBP Rally" vs. Euro and Dollar say Lloyds
21 August, 2019 |
Any positive headlines from the Johnson-Merkel meeting could see Sterling garner further support.
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Merkel Hints on Backstop Compromise Prompt Recovery in Sterling Exchange Rates
20 August, 2019 |
Prime Minister Johnson has potentially fired the starting gun on a fresh round of Brexit negotiations which - on the margin - are supportive of Sterling in that it suggests there is a route to a new Brexit deal being struck, thereby preventing the EU and UK parting ways without a deal on October 31.
GBP LIVE TODAY
"Too early for a Firm Rebound" in British Pound says Analyst, Sterling Softer vs. Euro and Dollar on Monday
19 August, 2019 |
The Pound starts the new week softer, and is seen just off its recent multi-day highs as markets await further direction on the Brexit process.
GBP LIVE TODAY
British Pound Recovery Aided by Retail Sales Surprise
15 August, 2019 |
The Pound advanced against the Dollar, Euro and other major rivals Thursday as so-called risk assets recovered from an earlier sell-off, although the British currency was aided higher by strong July retail sales figures that have encouraged speculation of a third-quarter economic recovery in the UK.
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Pound Sterling Gains vs. Euro and Dollar Extend: Labour and Lib Dems Set Out Positions for Caretaker Govt. to Avoid 'No Deal' Brexit
15 August, 2019 |
The British Pound is looking to record a fourth successive day of gains against the Euro and U.S. Dollar, amidst signs of a strong appetite for a cross-party Government being formed to stop a 'no deal' Brexit amongst the Labour and Liberal Democrat parties.
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Pound Sterling Bouyed by Hot Inflation Figures
14 August, 2019 |
The British Pound was seen consolidating against the Euro, U.S. Dollar and other major currencies ahead of the latest monthly inflation data release.
GBP LIVE TODAY
GBP: 60% Chance of 'No Deal' Bodes for Deep Declines Forecast MUFG
14 August, 2019 |
Pound Sterling is set to lose a further 3.0% of its value against the Euro and nearly a further 9.0% of its value against the U.S. Dollar by the time 2019 is out say foreign exchange analysts at global investment bank MUFG.
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GBP Latest: Strong Wage & Employment Data Provides Support, but Expect Any Strength to be Limited
13 August, 2019 |
UK wage growth is in focus for Sterling today, and markets will be wary of another move in Sterling in response to the numbers.
GBP LIVE TODAY
The Pound Advances on Reports 'Remainer' MPs Have Options to Block 'No Deal' Brexit
12 August, 2019 |
The British Pound is higher on Monday: a move that coincides with fresh reports that there are in fact still routes that can be explored by MPs wishing to prevent a 'no deal' Brexit.
GBP LIVE TODAY
Pound Hammered on News of UK GDP Shrinkage, but Recession will be Avoided
09 August, 2019 |
Surprise contraction in UK economic activity sparks a sudden fall in the value of the British Pound.
British Pound has Further Room to Fall as Odds of 'No Deal' Brexit Still Below 40% According to Market Gauges
Probabilities of a 'no deal' Brexit taking place in 2019 can go materially higher, and therefore the potential for further Sterling declines is sizeable. In short, the market still favours…
Pound to Recover into Year-End Forecast Lloyds
Analysts at British high-street lender Lloyds Bank say markets are too pessimistic on Sterling and that a negotiated Brexit deal is still the most likely outcome to the current impasse.