24 May 2021 Easing of Restrictions on June 21 Still Likely to Go Ahead Despite India Variant Concerns

The British Pound could continue to increase in value over coming days according to analysts we follow, however advances against the Euro will likely be harder to achieve given the improving econom…

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21 May 2021 Pound Sterling Today: PMIs, Retail Sales to Dictate Direction against the Euro and Dollar into the Weekend

The British Pound saw some volatility ahead of the weekend following the release of PMI and retail sales data, however with the UK economic rebound apparently already priced into the currency's val…

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20 May 2021 Deutsche Bank Turn Bearish on Pound Sterling, Prefer the Euro

"Having been vocal GBP bulls at the start of the year we are now turning bearish," say foreign exchange analysts at Deutsche Bank.

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19 May 2021 Pound Sterling Loses Value in Wake of Inflation Data Vindicating Bank of England Expectations

UK inflation rose by a greater margin than analysts had been expecting, but the rise was by no means surprising enough to warrant a major reconsideration of how the Bank of England might shift its …

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18 May 2021 Pound Rebound Unlikely to be Blown Off Course by Reopening Delay says Economist

Restrictions on movement and socialising were eased further in England, Wales and Scotland on Monday despite concerns about the spread in the UK of the Covid-19 variant that caused a surge in infec…

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17 May 2021 Pound Sterling vs. Euro & Dollar: PMIs, Retail Sales, Inflation to Drive Direction

How Pound Sterling navigates coming days could well depend on the flavour of some key UK data releases, with the rule of thumb that a beat on expectations is supportive of the currency while a miss…

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14 May 2021 NatWest Pound Sterling Forecasts: Gains Against Euro and Dollar Might End in Q3

The British Pound is likely to remain supported against the Euro and Dollar over coming weeks but as we move into the back-end of 2021 that support is likely to fade, leaving a high-water mark for …

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