The pound is in a range as traders await UK July PMI data on Friday, which will show the extent that Brexit has impacted on the economy in July.
Read more … →The charts are showing the GBP/USD pair in a range. The US dollar may have gained a marginal regenerative pulse after Building Permits surprised to the upside on Tuesday but the data release did noโฆ
Read more … →The GBP/EUR pair rose to the top of its current sideways range on Wednesday after the release of positive UK jobs data gave it a lift. The European Central Bank rate meeting on Thursday and UK Julyโฆ
Read more … →GBP/EUR pushed higher following the BOEโs endorsement that the status quo was adequate. Could the pair now build on these gains and go even higher?
Read more … →Whilst the BOE's recent meeting minutes showed there was cause for concern for the economy post-Brexit, recent data showing a slump of 45% in London residential sales confirmed Brexit is 'biting'
Read more … →The Bank of England (BOE) decided to keep interest rates unchanged at their rate meeting on Thursday, snubbing the opinions of most analysts, who had expected a quarter percent cut, and sterling roโฆ
Read more … →Yet more risks lie on the post-Brexit horizon, according to a recent report from Dutch lender ING; these include another Scottish referendum on independence, sterling losing its reserve status and โฆ
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