The British Pound's outlook remains upbeat in the near term although headwinds will likely ensure the prospect for substantial gains remains limited, according to one of Europe's largest commercial and investment banks.

April 4,2023

The UK economy grew in the final quarter of 2023 after the ONS revised higher its GDP figures, separate data meanwhile showed the UK's current account deficit shrank substantially in the quarter.

March 31,2023

The British Pound could rely on supportive seasonal patterns to take it higher in April with historical seasonal patterns showing this to be a traditionally strong month for the UK currency due to flows associated with the FTSE 100.

March 31,2023

Goldman Sachs says it is turning more constructive on the Pound's prospects amidst a broadly improved domestic environment, but it is still too soon to get outright positive.

March 29,2023

There are concerns that the banking scare could lead to a more risk averse attitude among lenders, adding another squeeze to liquidity, just as companies are grappling with high interest rates.

March 28,2023

Pound Sterling was trading around the middle of the major currency rankings for the period in the final session of the week but with little help from the Bank of England (BoE), which drew mixed responses from analysts and economists when announcing its latest interest rate decision on Thursday.

March 24,2023