GBP exchange rates

The British Pound traded softer in the midweek trading session amidst a rise in concerns the UK and EU would separate at the end of 2020 without a Brexit deal.

October 7,2020

Brexit trade negotiations

The British Pound has dipped sharply against the Euro, Dollar and other peers on Tuesday with market participants citing a newswire report that the EU will not be ready to meet the UK's soft deadline for a Brexit trade deal to be agreed by October 15.

October 6,2020

von der leyen

The British Pound is firm at the start of the new week and is trading at levels consistent with a more optimistic market view on the prospect of a post-Brexit trade deal being reached between the EU and UK.

October 9,2020

Barnier

The British Pound is expected to remain volatile ahead of the weekend as investors await further headlines concerning the state of Brexit trade negotiations.

October 9,2020

EU and UK flag

The British Pound was jolted lower against the Euro, Dollar and all its major peers at the start of the new month as a bubble of optimism surrounding Brexit trade negotiations was burst by a report that suggest the EU will not sign a trade deal unless the UK withdraws the Internal Market Bill.

October 5,2020

Fisheries and Brexit

Pound Sterling strengthened into the start of October having been boosted by signals the EU and UK might be closing in on a deal for fisheries.

October 5,2020

Bailey

The British Pound's recovery against the Euro, Dollar and other major currencies was stopped after markets reacted to comments by Bank of England Governor Andrew Bailey on the prospect of UK interest rates turning negative in the future, while a looming update on Brexit trade negotiations will increase nerves.

October 5,2020

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