The Pound entered the new week on its front foot Monday with charts pointing to further gains over the Euro and Dollar ahead, while some fundamental analysts are cautioning that upside could be limited in the short-term. 

December 16,2019

Pound Sterling's Shine Fades on Profit Taking Dips will be Bought say Analysts, Forecasting further Upside vs. Euro and Dollar.

December 14,2019

The British Pound rose sharply overnight after it became clear the Conservatives of Boris Johnson had won a majority in the December General Election, and analysts are now debating whether further gains are possible or whether the currency has found its ceiling.

December 13,2019

The Pound shot higher against a host of major currencies on the results of the exit poll of the General Election, that showed Boris Johnson's Conservative party were on course for a landslide.

December 13,2019

The consensus amongst analysts is that the Pound will initially react to the projected size of any Conservative majority. The 2017 exit poll had the Conservatives on 314 vs 318 that materialised.

December 12,2019

"The Conservatives failing to win a majority would come as a shock, and could result in a significant drop in the Pound." - Capital Economics.

December 12,2019