Latest data that sheds light into how traders on the vast global foreign exchange market are positioned confirms bets for further Euro strength remain the most popular trade.
Read more … →โSell GBP/$ into the BoE meeting but 1.2850-1.2900 may be the lowest we getโ - Viraj Patel, ING Bank N.V.
Read more … →There are two reasons we believe Sterling is holding its nerve despite recent headlines regarding Brexit looking unhelpful.
Read more … →Pound Sterling is shown to be the most undervalued major global currency at present having been unable to recover from the steep decline following the UKโs EU referendum held in June 2016.
Read more … →Pound Sterling is failing to convince us that it is ready to deliver a shot of upside at present.
Read more … →It is โstill a bit too early to be pricing in any Brexit transitional deal hopes.โ
Read more … →Itโs โtime to sell GBPโ says Athanasios Vamvakidis, a foreign exchange strategist with Bank of America Merrill Lynch Global Research.
Read more … →