The British pound continues to struggle against the Euro and we hear from one major bank that has suggested clients consider shorting the unit against the US dollar.
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The British pound (Currency:GBP) has come under fresh selling pressure on Friday morning and it looks like the post-employment data gains are to be erased.
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The British pound (GBP) is looking firm on Thursday morning with yesterday's data confirming to markets that the Bank of England will most likely be the first major central bank to hike interest ra…
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The pound sterling (Currency:GBP) has finally seen relief as a busy Wednesday proves to be supportive. We consider what went on in the labour market and at the Bank of England to support the UK pou…
Read more … →The pound sterling (GBP) has been adrift this week; buffeted by external drivers and suffering for it. But for today, attention is placed firmly on the UK.
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The pound sterling (Currency:GBP) has come under renewed selling pressure on Tuesday morning. Only the event-laden Wednesday session is likely to offer respite from the selling.
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March has been a poor month for the pound sterling (GBP) and we don't see a resumption in the rally in the near-term. It is however a busy week ahead with the UK budget, employment data and Bank of…
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