Turning bearish on the British Pound

"Having been vocal GBP bulls at the start of the year we are now turning bearish," say foreign exchange analysts at Deutsche Bank.

May 20,2021

Uk inflation rises but pound to euro goes lower

UK inflation rose by a greater margin than analysts had been expecting, but the rise was by no means surprising enough to warrant a major reconsideration of how the Bank of England might shift its views on interest rates.

May 19,2021

UK economic reopening

Restrictions on movement and socialising were eased further in England, Wales and Scotland on Monday despite concerns about the spread in the UK of the Covid-19 variant that caused a surge in infections in India.

June 4,2021

Johnson Covid conference

How Pound Sterling navigates coming days could well depend on the flavour of some key UK data releases, with the rule of thumb that a beat on expectations is supportive of the currency while a miss could see some declines.

May 17,2021

NatWest Markets currency research

The British Pound is likely to remain supported against the Euro and Dollar over coming weeks but as we move into the back-end of 2021 that support is likely to fade, leaving a high-water mark for Sterling sellers potentially around the third quarter.

May 14,2021

Pound Sterling forecast

The British Pound holds onto the lion's share of the gains it registered against the Euro, Dollar and other major currencies at the start of the week, with analysts saying there is scope for further advances.

May 12,2021

Sturgeon John

The new week started with an unusually strong impulse of demand for the British Pound by investors encouraged by fading political risks linked to the Scottish elections and an ongoing economic revival.

May 11,2021

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