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Pound Sterling appears to be holding its nerve in the current highly-charged political atmosphere in the UK, but Prime Minister Boris Johnson's call for a General Election overnight confirm significant headline risks lie ahead.
September 4,2019
Pound Sterling recovers back into established range against the Euro and technical studies suggest more upside, but we are wary of heightened politically-inspired volatility over coming days.
September 1,2019
Pound Sterling has advanced against the Euro over the course of the past week, however that gain is a small one and only a small decline through the course of Friday could mean the GBP/EUR exchange rate registers another weekly loss.
August 30,2019
Pound Sterling is consolidating as markets digest the implications of Prime Minister Boris Johnson's decision to suspend parliament for a month, a move that starves remain-leaning MPs of the space required to introduce legislation that might block a 'no deal' Brexit.
August 29,2019
The British Pound continues its short-term recovery as markets sense the prospect of a 'no deal' is once again diminishing, and one currency analyst tells us the gains can extend.
August 28,2019
Economists at Scanadanvian financial services provider DNB Bank ASA say they believe the UK will exit the EU on October 31 without a deal, and the UK will likely fall into recession as a result.
August 27,2019
GBP/EUR has reached resistance from a trendline and pulled-back lower, but if it breaks above the 1.1080 highs that will provide confirmation of a breakout above the trendline and more upside.
August 26,2019
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