Despite even more strong data from the U.K labour market, analysts remain unimpressed and are stiking to their later BOE hike forecasts.
Read more … →Banca Intesa SanPaolo forecast GBP/USD to hit a low of 1.4000 in one month's time before starting a long recovery back up to the 1.50's by the summer.
Read more … →The pound to euro exchange rate has pushed under the golden 1.3000 mark and is pressing lower, positive U.K employment data however has put up some short-term resistance.
Read more … →The date of the first interest rate rise at the Bank of England now looks to be in 2017.
Read more … →Employment data out of the UK on Wednesday 20th of January provided a welcome relief to those hoping for an end to sterlingโs decline.
Read more … →The recovery seen in the British pound at the start of the week has reversed following dovish comments from a Bank of England policy maker.
Read more … →The pound has reached a key support level against the Indian rupee supported by strong fundmaentals. If breached it could see the rupee rise substantially as GBP/INR goes lower.
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