18 August 2020 Pound Sterling Benefits as Investors Slash Bearish Bets, Data and Brexit Headlines Hold Key to Near-term Moves against Euro and Dollar

Investor sentiment on the British Pound has turned increasingly positive over recent days, forcing many who had been betting against the UK currency to bail out of the 'short' positions they had en…

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16 August 2020 The British Pound, Euro, Dollar, the Turkish Lira and Battlefield Europe

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 ke…

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14 August 2020 UK wants September Trade Deal with EU says Frost

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. Dolla…

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12 August 2020 British Pound Finds Support as June GDP Data Beats Expectations, but Sharp 1st Half Recession Confirmed

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 t…

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11 August 2020 Pound Sterling Holds Key Levels Against Euro and Dollar in Wake of Better than Expected Jobs Data, but Economists Warn Storm Clouds are Gathering

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…

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10 August 2020 Pound Sterling Outlook: Reduced "Downside Risks" against Euro and Dollar say Wall Street Analysts

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 …

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07 August 2020 Pound Sterling "Catchup" Could Extend against Euro and Dollar Following Bank of England says Analyst

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 …

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