The Pound underperformed last week but at least some of the price action in Sterling was consistent with an exchange of gunfire between Turkish monetary authorities and the market in a battle to keep the Lira from falling into an abyss.

August 16,2020

The British Pound outshone the majority of its peers over the course of the past 24 hours as it looked to recover from a shaky start to August, with gains coming against a broadly softer U.S. Dollar, Yen and Franc but also against the Euro which remains one of the better performers in the marketplace of recent weeks.

August 18,2020

The British Pound was seen holding above key levels against the Euro and Dollar following the release of official data that confirmed the UK economy had officially fallen into a deep recession in the first half of 2020.

August 12,2020

The British Pound trades above the key 1.11 area against the Euro and 1.30 against the U.S. Dollar in the wake of the release of UK employment statistics that showed the country's unemployment rate reached 3.9% in June, which is better than the 4.2% markets were expecting.

August 11,2020

Foreign exchange strategists at two leading Wall Street investment banks have told clients the outlook for the British Pound has improved amidst a more supportive Bank of England policy stance and the likelihood of a Brexit trade deal being agreed in the Autumn.

August 10,2020

The British Pound received a notable lift in the wake of the release of the Bank of England's statement on monetary policy, and further upside over coming days is possible according to a number of analysts we follow.

August 7,2020