Pound Sterling is still trading at a steep discount to "fair value", according to strategists at Bank of America Merrill Lynch, who argue that improving UK economic fundamentals mean the British currency is well positioned for a rebound to higher levels over the longer term.

May 9,2018

The Pound has dipped against the Dollar and Euro on Tuesday, May 8 and we are told the decline might be in response to the release of unexpectedly poor UK housing data.

May 10,2018

Strategists at global investment bank Nomura reckon the worst might have come to pass for Pound Sterling, and that it offers good value for traders at current levels heading into the Bank of England's May policy event.

May 8,2018

Those with foreign exchange purchases have been warned that Pound Sterling could "sell off hard" as the Bank of England cuts interest rates by 0.25% in coming months.

May 17,2018

Foreign exchange markets will be eyeing the release of service sector PMI data for guidance on whether or not the British Pound's recent sell-off should be extended.

May 3,2018

Pound Sterling rose against its major rivals Wednesday as traders responded to a better-than-expected IHS Markit PMI survey that showed the UK construction industry roaring back to life in April.

May 2,2018