Sentiment towards the British Pound continues to improve with the Commitments of Traders (COT) report showing investors are the most bullish since 2021.

May 23,2023

The British Pound held ground above 1.15 against the Euro and recouped losses against the Dollar as investors squared positions ahead of the weekend amidst a brightening global investor sentiment.

May 19,2023

Nomura adds a short position on GBP/USD to its strategy portfolio in anticipation of a consensus-beating fall in UK inflation expected to be announced next week.

May 18,2023

ABN AMRO has upgraded its forecast for the British Pound against the Euro and Dollar expecting the Bank of England to be less "dovish" over the coming months than the ECB and Fed.

May 18,2023

The British Pound returned recent gains against the Euro and Dollar following the release of UK wage and employment figures.

May 24,2023

It was a 'hawkish' Bank of England update delivered on Thursday, one that would be expected to yield further gains in the British Pound, however, the currency ultimately retreated against the majority of its major peers.

May 12,2023