03 October 2019 Pound Sterling "Could Edge Higher", EU Yet to Reject UK's Final Brexit Offer

The British Pound remains relatively well supported against its major competitors on Thursday, October 03 with foreign exchange markets opting to watch the currency from the sidelines as they try t…

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02 October 2019 British Pound on the Defensive as Johnson's "Final Offer" Gets Frosty Reception in Brussels, Volatility Ahead

The Pound was on the defensive Wednesday as Prime Minister Boris Johnson's latest Brexit proposals were reportedly criticised in Brussels and after the Conservative Party leader told grassroots sup…

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01 October 2019 Pound Sterling: UK Readies Irish Border Proposal in 'Make or Break' Moment for Reworked Brexit Deal

Sustainable gains in Sterling remain elusive after news reports Ireland has rejected a new plan to solve the Northern Ireland border question, leaving us unconvinced a new deal will be agreed betwe…

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30 September 2019 Pound Sterling Firms against Euro and Dollar, Markets eye Remain Alliance Plot to Bring Forward Brexit Extension Request

We believe the most significant headlines on Monday for the British Pound involve fresh moves by the 'remain alliance' of political parties to try and further guarantee a 'no deal' Brexit takes pla…

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29 September 2019 The Pound vs. Euro 5-Day Forecast: Support at 1.1200 Eyed as Bears Strengthen their Grip

Studies of the GBP/EUR charts indicate that limited near-term weakness is likely, but the outlook on longer-term timeframes is more uncertain. Expect politics to remain in the driving seat for Ster…

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27 September 2019 Pound Sterling Losses Extend: SNP say Ready to Back Corbyn Govt., Bank of England's Saunders Warns of Rate Cuts

The British Pound was seen coming under renewed pressure against the Euro, Dollar and other major currencies ahead of the weekend with market's continuing to shed exposure to the UK currency in an …

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27 September 2019 Barclays Forecast Sharply Weaker Pound Sterling vs. Euro & Dollar on Base-Case 'No Deal' Expectation

"We expect a sharp depreciation in GBP to accompany the initial stages of a no-deal Brexit" - Barclays.

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