Pound Sterling enters the weekend deep in the red once again as markets remain incredibly nervous of exposing themselves to a currency burdened with Brexit uncertainty.
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Forex markets are gearing up for the US Federal Reserve’s Rate Meeting tomorrow, one of the most market moving dates in the calendar. What could be the potential outcome for pound pairs?
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Analysts see the rupee as vulnerable to central bank action, which chimes with possible bullish pattern on GBP/INR chart.
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Pound Sterling is seen outperforming its two closest rivals at the start of the new week - can we expect further advances?
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The August release of UK retail sales data was notable in that it helped propel Pound Sterling into a three week rally against the Euro and US Dollar. What can September’s release offer?
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The British pound is tipped to rise versus the euro and the US dollar after fears of an economic collapse in the aftermath of Brexit proved unfounded.
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The highlight for Sterling in the mid-week session will be the release of employment data for August from the ONS at 09:30 B.S.T.
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