British Pound volatility extended into a key meeting of EU leaders on Thursday where ongoing Brexit trade negotiations would be discussed, with the +1.0% gains recorded against the Euro and Dollar at one stage on Wednesday giving way to losses.

October 23,2020

The British Pound has endured years of underperformance - valued well below fair-value - thanks to political and medical upheaval, specifically the 2016 EU referendum result, ensuing Brexit negotiations and the onset of the covid-19 crisis in 2020.

October 14,2020

The Pound is likely to remain highly reactive to headlines concerning negotiations over the near-term, but it is not expected to enter a more protracted directional move until there is clearer guidance as to whether  a deal is likely or not.

October 23,2020

The British Pound started the new week on the front foot against the Euro, Dollar and other major currencies amidst an improvement in sentiment towards the UK currency based on a view a Brexit trade deal was on course to be delivered, however nerves are expected to remain elevated ahead of a crunch meeting of EU leaders on Thursday and Friday.

October 12,2020

The British Pound is the best performing major currency of the past month owing to a steady rise in odds that the EU and UK will reach a post-Brexit trade deal. However, some analysts are unconvinced this improved optimism towards Sterling is warranted and that investors are under appreciating the prospect of a 'no deal' outcome.

October 9,2020

The British Pound is both highly volatile and trend-less at the same time, a consequence of markets reacting to the latest Brexit headlines but ultimately showing little conviction on whether now is a good time to buy or sell the Pound.

October 8,2020