The Pound has received a pasting on the currency market in recent months but could find some welcome support if the Bank of England (BoE) continues to warn Thursday that borrowing costs will have to rise over the coming quarters, but analysts and economists are divided in their outlooks for UK interest rates.

June 20,2019

The British Pound has staged a recovery against the Euro and Dollar over the course of the past 24 hours, whether or not the gains can extend will largely rest with the message delivered by the Bank of England today.

June 20,2019

The British Pound is finding its feet again in mid-week trade and is seen advancing against both the Euro and U.S. Dollar, having painted fresh six-month lows against the two currencies just 24 hours earlier.

June 19,2019

Chancellor of the Exchequer Philip Hammond is reportedly "prepared to resign" over Prime Minister Theresa May's legacy spending plans, according to news reports that are credited with triggering the latest impulse lower in Pound Sterling.

June 18,2019

If markets accept that Boris Johnson's priority is securing a Brexit deal, then Sterling could find itself supported.

June 17,2019

The British Pound returned toward its recent lows going into the London close Wednesday after an opposition Labour Party attempt to create law preventing a 'no deal' Brexit from taking place under the next Prime Minister was defeated in the House of Commons. 

June 13,2019