The British Pound was tipped by foreign exchange analysts to remain supported in the wake of some better-than-expected job data out of the UK.
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The British Pound's major downside risk in the near future is a turn lower in global stock markets according to analysts, confirming global risk sentiment to be one of the key external drivers of t…
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The UK economy grew more than expected in June and although the British Pound failed to show any significant volatility, the GDP data has helped it shore up recent gains.
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The British Pound has reached its highest levels against the Euro since February 2020 as the UK currency makes progress on reversing its Covid-inspired decline, but sustained gains against the U.S.…
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The British Pound maintains its status as one of the top performing major currencies of 2021, aided recently by a Bank of England willing to explore fresh policy paths and a foreign exchange market…
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The Bank of England is set to raise interest rates in the second or third quarters, according to the reaction of interest rate and foreign exchange markets to the August policy update.
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"We see moderate upside risks to GBP if our base case is confirmed as the BoE slowly moves toward the exit" - James Rossiter at TD Securities.
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