10 August 2023 Pound Sterling Looks for a GDP Boost to Recapture Lost Levels against the Euro and Dollar

The British Pound could recover recently lost ground against the Euro and Dollar if GDP data for June and the second quarter comes in better than expected.

Read more … →
09 August 2023 Barclays Predicts "Prolonged" Support for Pound Sterling against Euro and Dollar

The British Pound is predicted to remain well supported against the Euro and Dollar by one of the UK's biggest high-street banks and international financial services providers.

Read more … →
06 August 2023 Pound Sterling Sees Improved Outlook against Euro and Dollar on Bank of England's "Higher for Longer" Stance Says BofA

The Bank of England has succeeded in pushing back interest rate cut expectations amongst market participants and this is supportive of the British Pound over the medium- to longer-term, as it lower…

Read more … →
04 August 2023 Pound Sterling Outlook Stabilises as the Gap Between Fantasy and Reality on Rate Hike Expectations Closes

The Pound initially fell in the wake of the Bank of England's decision to hike Bank Rate to the highest level in 15 years but it soon recovered as market expectations for further interest rate hike…

Read more … →
03 August 2023 Bank of England Delivers 14th Consecutive Rate Hike, Pound Recoups Initial Knee-jerk Losses

The British Pound tracked bond yields and fell further against the Euro and Dollar after the Bank of England raised interest rates by 25 basis points, representing a downshift from the 50bp hike de…

Read more … →
02 August 2023 Pound Sterling: Bank of England Downshift Could Spell Weakness say Analysts

The British Pound was softer against the Euro and Dollar as investors reduced exposure ahead of Thursday's Bank of England decision where anything other than a 50 basis point interest rate hike cou…

Read more … →
01 August 2023 GBP/USD Rate Near Landmark Support Levels on Charts

The Pound to Dollar exchange rate extended losses toward landmark levels on the charts Tuesday when results of an influential survey told of a so far underwhelming rebound in the U.S. manufacturing…

Read more … →