The British Pound has rallied to reach a four-and-a-half-month high against the U.S. Dollar on Monday after the GBP/USD exchange rate hit 1.2859 amidst an ongoing rout of the U.S. Dollar.

July 31,2020

The Pound was vying with the Euro in a kneck-and-kneck race for third place in the week's major currency league table Friday after economic data challenged the popular perception of a UK economy lagging behind continental peers.

July 31,2020

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Pound Sterling slipped deeper into the red against most major rivals Thursday after Brexit negotiators confirmed that no progress has been made in the pursuit of a UK-EU trade deal after both sides doubled down behind their respective red lines, risking further underperformance for the British currency.

July 31,2020

The British Pound was once again shedding value against the Euro, U.S. Dollar and other major currencies on Wednesday, with sentiment regarding Brexit souring once more courtesy of a Telegraph report that the Government is abandoning hope for a trade deal with the EU.

July 31,2020

The British Pound pushed higher against the Euro, Dollar and other currencies on Tuesday courtesy of rising investor sentiment and stock markets which confirms the UK currency's ongoing sensitivity to the global picture.

July 21,2020

The UK's economic recovery from the covid-19 crisis appears to be lagging that of other countries, which should create another source of weakness for an already under-pressure British Pound.

July 20,2020