The British Pound and Euro remain under pressure against a resurgent U.S. Dollar at the mid-week point of a holiday-shortened week, but a big breakout in the UK currency is imminent we believe as domestic political pressures continue to build.

April 24,2019

Pound Sterling is seen trading mixed as traders return to their desks after a long Easter weekend, with the currency being tipped to take cues from political headlines over coming days and currency specialists telling us to expect a pick-up in volatility.

April 23,2019

An analyst at Swiss investment bank UBS suggests investors limit their allocation to UK assets - Pound Sterling included - until the current uncertainty around Brexit clears. However, others are more bullish on the currency saying the Bank of England could be tempted to raise interest rates in August, which would be a positive for the currency. 

April 23,2019

The Pound will come under pressure if the odds of a no deal Brexit rise from 15%, which they surely will as the Conservatives forced into delivering Brexit on October 31 amidst fierce backlash from Brexit voters.

April 19,2019

Pound Sterling was seen outperforming peers on Thursday, April 18 after UK retail sales data surprised the currency market traders by printing at a stronger level than was expected.

April 18,2019

The Pound is subject to global currents sweeping the foreign exchange markets with a broadly softer U.S. Dollar aiding the GBP/USD higher. However, rumours on the state of Labour-Conservative Brexit talks and UK inflation data out mid-morning are likely to form the focus of Sterling trade over coming hours.

April 23,2019