11 February 2020 Economic Growth Figures Beat Expectations, Underpins British Pound's Gains against Euro and Dollar

Pound Sterling was bid higher on Tuesday, Feb. 11 on the back of new data that showed the UK economy grew in December, while quarterly data showed the economy stagnated at 0% in the final quarter oโ€ฆ

Read more … →
11 February 2020 "Oversold" Pound Sterling finds Buying Interest

It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is mโ€ฆ

Read more … →
10 February 2020 Pound Sterling Firms vs. Euro and Dollar at Start of New Week, Fears of Trade Talks Collapse to Keep Upside Restricted

Weekend reports that EU-UK trade negotiations could crash "within months" should ensure the British Pound maintains a soft tone over coming days.

Read more … →
07 February 2020 Pound Sterling Rallies into the Weekend vs. Euro and U.S. Dollar

The British Pound was bid higher ahead of the weekend, reclaiming the contested 1.18 level against the Euro but while starting an attempt to scrape itself off a 6-week floor against the Dollar.

Read more … →
06 February 2020 British Pound Breaking Down against Euro & Dollar in Wake of MiFID Headlines

The British Pound came under pressure against the Euro, Dollar and other major currencies in the wake of headlines showing the EU would seek to impose tougher financial regulations on the City of Lโ€ฆ

Read more … →
05 February 2020 Pound Sterling Sell-Off "Overdone", Back above Key Levels vs. Euro and Dollar

The British Pound has been regaining its composure following a sharp slide at the start of the week, with the currency ticking back above 1.18 against the Euro and holding the support zone of 1.30 โ€ฆ

Read more … →
04 February 2020 Pound Sterling Steadies after Sharp Declines, Analysts Hold Downside Bias against Euro and Dollar

The British Pound sold off sharply on the first trading day of February, with analysts citing position squaring, a reversal of positive month-end flows and political developments surrounding EU-UK โ€ฆ

Read more … →