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The British Pound might stay under pressure in the near term, but a "hawkish" cut from the Bank of England could help it reclaim its status as an outperformer.
August 2,2024
The British Pound is under pressure after the Bank of England Monetary Policy Committee (MPC) voted by a narrow margin to reduce Bank Rate to 5.0% from 5.25%.
August 1,2024
The British Pound is weaker across the board as the odds of a Bank of England rate continue a steady rise, with the market now odds-on for a cut to be announced tomorrow.
July 31,2024
The Bank of England preview: downside and upside scenarios for the British Pound.
July 31,2024
A buildup of long positions ahead of a potential interest rate cut on Thursday could hold back the British Pound.
July 30,2024
Pound Sterling has retreated against the Euro and Dollar but extended gains against the Australian and New Zealand Dollars amidst deteriorating investor sentiment.
July 25,2024
According to the latest data showing how global investors view the currency, investor optimism in the British Pound has reached record levels.
July 24,2024
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
