The British Pound is predicted to maintain positive momentum against the Euro and Dollar over the coming five days, with analysts saying the country's vaccination rollout and the nixing of negative interest rate at the Bank of England likely to prove supportive.

February 7,2021

The British Pound retained its position as an outperformer on global currency markets ahead of the weekend, with gains over the past 24 hours stoked by fading expectations for an interest rate cut at the Bank of England in coming months.

February 5,2021

The decision is on balance a positive outcome for the British Pound which rallied against the Euro, Dollar and other major currencies following the outcome.

February 18,2021

The Bank of England's February policy decision forms the key risk for the British Pound on Thursday as foreign exchange markets eagerly await a verdict on whether an interest rate cut to 0% or below is likely either today, or at some point in coming weeks and months.

February 4,2021

The Pound was taking a breather from its 2021 rally on Wednesday having eked out gains over only its European counterparts ahead of a Bank of England (BoE) policy decision that will be instructive of the outlook for Sterling and, potentially even other currencies too in the months ahead. 

February 3,2021

The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according analysts at major pan-European lender and investment bank.

February 3,2021