"We already think GBP may be overreacting to the upside and faces considerable challenges as the process of ratification continues" - Adam Cole, RBC Capital Markets.
November 15,2018
It is reported E.U. and U.K. have agreed a text on how to avoid a hard border on the island of Ireland suggesting the final and most contentious stumbling block to a Brexit deal has been reached.
November 14,2018
The British Pound is on the front foot amidst reports a Brexit deal can be secured within the next two days.
November 13,2018
The Pound apppeared to shrug off a mixed unemployment report for September, which revealed a cocktail of faster wage growth but higher unemployment during the recent period, as markets keenly await the announcement of an EU withdrawal agreement from the Prime Minister.
November 13,2018
Following a poor start to the new week the British Pound is seen consolidating against the Euro, giving rise to hopes that a full-blown fire-sale of the currency has been avoided.
November 13,2018
Reports of a "GBP hedging frenzy" confirm markets are growing more nervous of the prospects of a 'no deal' Brexit transpiring.
November 12,2018
Pound Sterling has endured a torrid start to the new week as Brexit headlines prompt traders to become more cautious on the prospects of the E.U. and U.K. agreeing a Brexit deal before the end of the year.
November 13,2018
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