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 lim…
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Pound Sterling's Shine Fades on Profit Taking Dips will be Bought say Analysts, Forecasting further Upside vs. Euro and Dollar.
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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 …
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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.
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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.
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"The Conservatives failing to win a majority would come as a shock, and could result in a significant drop in the Pound." - Capital Economics.
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The British Pound was trading in bullish fashion on the eve of what is likely to be the UK's most crucial General Election in a generation, with the currency moving higher in response to a rise in …
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