31 March 2023 Pound Sterling Outlook Brightens as Economic Growth Revised up, Current Account Deficit Falls Sharply

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.

Read more … →
31 March 2023 Pound Sterling Tends to Appreciate in April

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 …

Read more … →
29 March 2023 Goldman Sachs Raises Pound Sterling Forecast against Euro, Unchanged against Dollar

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.

Read more … →
28 March 2023 "The Pound has Made Fresh Gains" - Bank of England's Bailey says More Hikes Might be Needed

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.

Read more … →
24 March 2023 British Pound and Bank of England Outlook: Analyst and Economist Views 

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 res…

Read more … →
24 March 2023 Pound sees Scope for Further Gains against Euro and Dollar in Wake of Bank of England say Analysts

GBP/USD upside remains favoured by analysts, but GBP/EUR seen settling near current levels.

Read more … →
23 March 2023 Pound Sterling Holds Firm after Bank of England Hikes Rates and Growth Forecasts, But a Pause is Coming into View

The Bank of England raised Bank Rate 25 basis points to 4.25%, its highest level since 2008, and said it would raise interest rates again if required.

Read more … →