The British Pound traded with a softer tone at the start of the new week; while the currency is still holding towards the upper end of recent ranges against a host of currencies, there will be some…
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The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged, but analysts at a number of investment banks we follow say further …
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The Bank of England opted to cut interest rates at their January 30 meeting which was the most uncertain meeting of recent years, with markets heading into the event viewing a 50/50 chance of a rat…
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The Pound was treading water against major rivals ahead of a knife-edge Bank of England (BoE) interest rate decision that's got analyst opinion divided on the outlook for Sterling over the coming w…
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Key to the British Pound's near-term outlook will be the outcome of the midday interest rate decision announced at the Bank of England, an outcome which is too close to call and therefore offers th…
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The British Pound is the worst performing major currency of the past 24 hours as foreign exchange traders reduce exposure to the currency ahead of a too-close-to-call decision on interest rates at …
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The odds of volatility on the day are therefore elevated and under such circumstances it is clear that the risk-reward dynamics of buying or selling Sterling at this juncture is unfavourable.
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