30 July 2024 Pound Sterling's Record Positioning Poses Significant Headwind

A buildup of long positions ahead of a potential interest rate cut on Thursday could hold back the British Pound.

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25 July 2024 Pound Falls Against Euro and Dollar on Stock Market Rout

Pound Sterling has retreated against the Euro and Dollar but extended gains against the Australian and New Zealand Dollars amidst deteriorating investor sentiment.

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24 July 2024 Optimism in Pound Sterling Hits Record Levels

According to the latest data showing how global investors view the currency, investor optimism in the British Pound has reached record levels.

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23 July 2024 Pound Sterling: Potential Fresh Tailwinds From Reeves' Inflation-busting Pay Increases

The British Pound might find the Bank of England keeps interest rates elevated for longer as the Government agrees to a round of inflation-busting pay increases.

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19 July 2024 Slump in Retail Sales Sees Pound Extend Pullback

Pound Sterling continues to retreat from recent highs, helped along the way by UK retail sales data that showed a sharp slump in activity in June.

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18 July 2024 On-point Wage Data Prompts Unwind of Pound Sterling Strength

Just-released wage data are no smoking gun for an August interest rate cut, however Pound Sterling's bullish run could be entering a consolidative phase against the Euro and Dollar.

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17 July 2024 Pound Boosted by Another Services Inflation Surprise

Pound Sterling defended its recent gains after UK inflation hit the target in June and left markets none the wiser as to whether the Bank of England would proceed with an interest rate cut in Augusโ€ฆ

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