The British Pound retains a heavy bias at the start of the new week in the wake of weekend Brexit headlines and amidst an ongoing rally in the Dollar.

July 29,2019

Pound Sterling will be punished severeley if a seemingly-likely general election is called over the summer months, with losses likely to be almost as large as they would be under a 'no deal' Brexit scenario, according to forecasts from ING Group.

July 26,2019

The British Pound is consolidating near month-highs against the Euro and other major currencies as markets await clear guidance on the Brexit strategy of incoming Prime Minister Boris Johnson.

July 25,2019

The Pound is trending higher in mid-week trade, with a quarter-of-a-percent lift being seen against the Euro that has taken the GBP/EUR exchange rate to 1.1184 meaning it is now within touching distance of July highs.

July 25,2019

The local media is today awash with dramatic stories concerning an impending crash in the value of the British Pound as we enter the final throes of Theresa May's premiership, and await that of Boris Johnson.

July 24,2019

Investors are engaged in a wait-and-see approach to Pound Sterling at the start of what promises to be a significant week in British politics: a new Prime Minister and Government will be installed, and with them comes a new Brexit strategy that should set the tone for the under-pressure currency.

July 23,2019