A pessimistic signal would likely lend itself to a weaker Pound, while a more confident assessment that would suggest no further quantitative easing expansions are likely over coming months could contribute to Sterling upside.

August 5,2020

The British Pound stormed higher at the end of July but has fizzled out in early August and is at risk of relinquishing the advance, for no obvious reason.

August 5,2020

A tactical shift to backing the British Pound during July appears to have paid off for strategists at Citibank, the world's largest dealer of foreign exchange.

August 4,2020

The British Pound was the best performing major currency of the past week, with gains coming amidst a combination of better than expected domestic economic data, an ongoing global stock market recovery and expectations for an EU-UK trade deal to be agreed by October.

August 10,2020

The British Pound has rallied strongly against the Euro, Dollar and all of its major peers over the course of the week, a move that has come despite falling stock markets and a distinct lack of headlines on Brexit and has left foreign exchange analysts scratching their heads as to the reasons behind the outperformance.

July 31,2020

Foreign exchange analysts at Bank of America Merrill Lynch Global Research have issued fresh downgrades to their British Pound forecasts, saying the economy is on the cusp of another major reset in the face of the dual shocks of covid and Brexit.

August 4,2020