Pound Sterling suffered its largest drop recorded in a single day since December against the Euro since mid-December, following early signs of tensions between the EU and UK ahead of critical trade…
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The Pound was the best performing major currency last week and is tipped by technical analysts to advance on the Euro over the coming days, although fundamental risks include a likely Monday collap…
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There remains a sizeable degree of scepticism amongst the foreign exchange analyst community as to whether the Pound can extend higher through February and in doing so keep alive a multi-month tren…
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According to a note foreign exchange analyst, the British Pound is likely to remain well supported for the foreseeable future as a combination of Bank of England policy and increased Government spe…
Read more … →The Pound closed the Friday session having become the second best performing major currency of the week although there could be further gains in store for the coming days if studies of the charts a…
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Pound Sterling crossed a key psychological and technical level against the Euro on Wednesday, January 22 after data showed confidence amongst UK businesses has increased substantially since the Dec…
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The Pound-to-Euro rate slipped last week as Sterling underperformed all major rivals, although the charts suggest a neutral outlook ahead of jobs and PMI data which are due over the coming days and…
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