Mid-week trade sees Pound Sterling continue to hold recent gains but analysts warn of the potential for a break lower.
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Pound Sterling is in a holding pattern against its key competitors but expect further losses over coming weeks warns a prominent FX analyst.
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Despite Swedish shoppers reigning in their spending in July, the Krona gained ground versus sterling on Monday as the outlook for the pound gained a reality check.
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The rupee was gaining ground on Monday after markets continued to price in a more positive currency climate in light of the appointment of Dr Urjit Patel as the new governor of the Reserve Bank of …
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The pound has come off its highs - whether that is because it is a bank holiday in the UK, or because investors foresee the possibility of PMI data disappointing latter in the week, is a moot…
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The pound to euro is in a short-term uptrend after positive data from the UK dispelled myths the economy was going to lurch into a chasm after Brexit.
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“Brexit fallout keeps us bearish of the Pound, especially after the short-covering rally of recent days.” - Kit Juckes at Societe Generale.
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