Sterling will sink back toward its post-referendum low against the Euro this week, according to analysts at TD Securites, who are warning that the Pound-to-Euro rate is on its way into a new and lower trading range.
January 14,2019
A momentus week in British politics lies ahead of us and we expect volatility in Pound Sterling to increase accordingly. On Monday we could receive a statement by PM May while reports suggest the EU is willing and ready to delay Brexit until mid-year.
January 15,2019
The British Pound is forecast to drift lower over the remainder of January by HSBC as the fighting in the UK parliament for the future of Brexit is unlikely to reach conclusion.
January 12,2019
Report states that a good portion of Labour MPs will ultimately vote with the government to avoid a no deal brexit, but concessions must be made.
January 10,2019
The British Pound is seen consolidating recent gains against both the Euro and U.S. Dollar as the countdown to parliament's meaningful vote on Brexit gets underway with parliamentarians set to start debating the merits of the deal today.
January 10,2019
Betting markets are quoting odds of 3/1 that the British Pound will fall to parity against the Euro in 2019 while UK government ministers frantically deny they are putting out feelers on the prospect of delaying Brexit.
January 9,2019
British Pound enjoys a positive at start to the new week - Parliament to debate Brexit deal ahead of next week's vote
- Any sign of DUP support for deal remains key trigger to any GBP rally.
January 9,2019
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