Pound Sterling remains fixated on the path toward a future trade relationship with the EU but will also now have to contend with heightened uncertainty about the outlook for interest rates in the months ahead after Andrew Bailey was announced Friday as the next governor of the Bank of England (BoE). 

December 20,2019

The Pound rose against all major rivals in the final session of the week and was underpinned by technical support on the charts as Prime Miniser Boris Johnson sought in parliament to 'get Brexit done' . 

December 20,2019

The Pound handed its earlier gains back to the Euro and Dollar in noon trading Thursday after the Bank of England (BoE) was unable to inspire a sustainable upward move with December's decision to retain its 'neutral' interest rate stance. 

December 19,2019

The Pound found support against the Euro and Dollar early on Wednesday although its upside impetus has been undermined by Prime Minister Boris Johnson's construction of a new 'no deal' Brexit cliff edge which is clouding the outlook for the British currency. 

December 19,2019

The Pound erased its post-election gains over the Euro and Dollar Tuesday amid reports that Prime Minister Boris Johnson will create a new 'no deal' Brexit cliff edge, which has led some analysts to suggest a further correction is in store for the British currency. 

December 17,2019

The Pound entered the new week on its front foot Monday with charts pointing to further gains over the Euro and Dollar ahead, while some fundamental analysts are cautioning that upside could be limited in the short-term. 

December 16,2019