Pound Sterling has reversed some of its earlier gains on headlines out midweek that the EU and UK likely to miss next week's deadline, but analysts say such a delay is unlikely to materially dent the currency's outlook.

November 11,2020

The British Pound has pushed higher to register two-month highs against the Euro and Dollar, carried along by improved investor sentiment triggered by the news of a successful covid-19 vaccine candidate from Pfizer.

November 12,2020

A combination of rallying global stock markets and news that the UK might shift its position on the matter of fishing rights in ongoing EU-UK trade negotiations have conspired to push the Pound higher against the Euro and Dollar.

November 12,2020

The British Pound remains a buy against the Euro with foreign exchange strategists at Wall Street bank Goldman Sachs, who remain optimistic that a deal will be struck between the EU and UK on a future trade deal.

November 10,2020

It has emerged that the EU's Chief Negotiator Michel Barnier has given a downbeat assessment on the prospect of a post-Brexit trade deal being reached by the EU and UK, a development that will likely keep Pound exchange rates on edge over coming days.

November 6,2020

Analysis from investment bank Rabobank shows the outlook for the British Pound will remain clouded, even in the event of a deal being reached between the UK and EU this year.

November 12,2020