Pound Sterling gains are likely to be capped as the move by Prime Minister Theresa May to engage Jeremy Corbyn to negotiate a Brexit deal has drawn fierce criticism from colleagues in her party, raising the spectre of defections which could leave the government without a majority with which to gove

April 3,2019

The British Pound was seen trading higher against its peers on Tuesday, April 02 after Prime Minister Theresa May offered to engage in cross party talks to reach a consensus for a 'softer' Brexit.

April 5,2019

The Pound handed substantial earloer gains back to the Euro and Dollar Monday after the House of Commons failed for a second time to produce a majority in favour of any form of "soft Brexit", despite a strong hint from Downing Street suggesting it could allow the government to be bound by such a decision.  

April 2,2019

The Pound fell sharply against the Euro and Dollar in volatile trading Friday after the House of Commons rejected Prime Minister Theresa May's EU Withdrawal Agreement for a third and potentially final time, heaping further uncertainty onto the economy and financial markets.

March 29,2019

The Pound slipped lower on Thursday as markets weighed the implications of "indicative votes" that have left parliament in deadlock over Brexit and after the Democratic Unionist Party (DUP) said again that it will reject Prime Minister Theresa May's EU Withdrawal Agreement on the next asking. 

March 28,2019

The Pound remains the best performing currency in the G10 universe for 2019 but the British currency has much further to rise, according to analysts at Morgan Stanley, who've recently told clients to buy the British currency.

March 28,2019