Breaking Pound Sterling news

Prime Minister Theresa May's Brexit deal has been defeated by a massive 149 votes, and counter-intuitively the British Pound has rallied in response.

March 13,2019

Arlene Foster

The British Pound has performed a sharp turn-around after the UK Attorney General dismisses recent concessions made by the EU on the matter of the Irish backstop.

March 12,2019

May Juncker meeting Strasbourg

The British Pound rose to record fresh multi-month highs against the Euro and rallied towards recent multi-month highs against the Dollar following a last-gasp attempt by the EU and UK to secure a Brexit deal.

March 12,2019

Juncker May meeting on the cards

It's a soft start to the week for Pound Sterling with foreign exchange markets cutting back on exposure to the currency as they eye a critical few days in Brexit politics.

March 11,2019

Foley Rabobank

The market is seeing Brexit risks through rose-tinted glasses, says Jane Foley, senior FX strategist at Rabobank, and an argument that the Pound is overvalued in the short-term can therefore be made.

March 10,2019

Pound Sterling exchange rate outlook

Pound Sterling remains the best performing G10 currency for 2019, but we are hearing analysts say the currency will struggle to advance any further during coming weeks because an extension of the Article 50 exit period is about to prolong the uncertainty hanging over the economy.

March 8,2019

May Downing Street exchange rates

Analysts warn that should Prime Minister Theresa May's Brexit deal be shot down next week, the British Pound could find itself coming under notable pressure, even if UK parliamentarians vote to delay Brexit.

March 8,2019

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