A more cheery tone on global markets have helped an oversold British Pound correct higher, although there is little conviction any rebound will sustain itself near-term.

May 16,2022

The British Pound is losing value to the Dollar and Euro at the start of the new week.

May 9,2022

"The narrative is so powerful at the moment it is hard to see sterling recovering much ground" - JP Morgan.

May 16,2022

"Further increases in long-term inflation expectations or a further sharp GBP depreciation could lead to a faster hiking pace in coming months" - Goldman Sachs.

May 6,2022

GBP hammered in wake of BoE decision as fears of recession grow. But other central banks will take a similar view and this could release pressure on GBP.

May 9,2022

The British Pound has come under notable pressure after the Bank of England raised interest rates but warned the economy was due to slow sharply over coming months.

May 9,2022