Pound Sterling was wallowing at the bottom of the major currency bucket Wednesday but is unlikely to receive any help from the Bank of England (BoE) this week or at any time soon because weakness in the currency is likely welcome.
May 6,2020
The British Pound is tipped to retain a defensive tone over coming days, and even months, amidst a combination of Bank of England policy actions, subdued market sentiment and rising Brexit threats.
May 5,2020
Speculative investors maintain a risk-off stance on Pound Sterling, according to the latest Commitment of Traders data from the Commodities Futures Trading Commission.
May 4,2020
The British Pound could suffer declines in value against the U.S. Dollar during May, but gains against the Euro are likely according to studies of the UK currency's seasonal performance.
May 11,2020
"Pound buoyancy, while modest, is more a function of improved global risk appetite than a brightening in area fundamentals."
May 1,2020
The British Pound has found itself restrained in its ambitions to go higher against both the Dollar and Euro this week, but a look at the set up of both GBP/USD and GBP/EUR suggests a market that is itching to restart and extend a multi-week rally.
April 30,2020
The British Pound was seen trading softer against the Euro, Dollar and other major currencies on Tuesday, however in most instances the UK currency remains towards the top end of its recent ranges.
April 28,2020
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