Things start getting interesting for the British pound as the Bank of England communicates its thinking to markets and the ONS releases the latest set of UK employment figures.
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The British Pound (GBP) is firm on Tuesday morning; we have some second tier data from the CBI to look out for today but it is events tomorrow that will provide direction for the next leg in Ster…
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The British Pound (GBP) is firm on Monday morning thanks to the boost afforded by UK retail figures on Friday. We consider the latest predictions on where the currency could be headed today and l…
Read more … →The British Pound (GBP) has rallied on the global foreign exchange markets as UK retail sales shatter expectations reinforcing the view that the uptrend is likely to stay intact.
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The British Pound (GBP) continues to consolidate its position on global exchange rate markets with the near-term outlook for major pound exchange rates soft ahead of tomorrow's retail figures. We…
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The British Pound (GBP) saw further volatility on Wednesday. However, currency markets were being heavily dictated to by the US dollar at - USD strength came following news that two of the more h…
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The British Pound (GBP) took a hefty beating on Monday as a sell-off started on Friday snowballed as more traders saw positions stopped out of the market. Flows were also to blame with reports of…
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