Foreign exchange strategists at HSBC say they believe the "balance of risks" facing the British Pound are now tilted to the upside.

October 26,2019

The British Pound is likely to retain a heavy tone in the short-term as the UK political environment descends into crippling uncertainty, after the Government said it would table a vote for an early General Election on Monday but opposition parties indicated they would once again reject the request.

October 25,2019

The British Pound fell further from recent multi-month highs Thursday after Prime Minister Boris Johnson said he would ask Parliament to vote for a snap General Election on Monday.

October 24,2019

Recent developments in the Brexit saga now mean the Pound will probably get stuck in a ‘wait-and-see’ sideways range for the foreseeable future, says Chris Turner, global head of strategy at ING Bank.

October 23,2019

The British Pound will be held down over coming days and weeks if Brexit is delayed to allow for the UK to carry out a General Election, an outcome that is increasingly likely after Parliament last night rejected the Government's programme to deliver Brexit by October 31.

October 23,2019

The British Pound was seen falling back from recent gains after Prime Minister Boris Johnson told Parliament that should MPs fail to back a key piece of legislation tonight, he would pull the entire deal.

October 22,2019