British Pound news

The British Pound looks to recover further ground lost against the Euro and Dollar near-term as markets anticipate further Bank of England interest rate hikes and the war in Ukraine is offering diminishing returns to market 'bears'.

April 20,2022

Bank of England

"The pound has seen its gains against various currencies given back, and could struggle in the near-term as the more dovish tone is digested by markets"

March 18,2022

Bank of England to drive Sterling today

The Pound limps into the March Bank of England rate hike, but the market appears to pessimistic on the currency which offers scope for an upside suprise.

March 17,2022

Exchange rates

A snapshot of analyst takes ahead of the Bank of England's interest rate decision on Thursday, that will in all likelihood see a 25 basis point hike announced that will take Bank Rate to 0.75%.

March 16,2022

Foreign exchange strategists at NatWest Markets have exited a long running trade recommendation that looked to benefit from the British Pound's appreciation against the Euro and Franc.

March 15,2022

Pound is struggling

GBP screens as near-worst performer of past month, fundamental backdrop suggests more of the same likely near-term.

March 11,2022

Kuleba peace talks Turkey

GBP has come under pressure against EUR but has recovered from recent lows against USD with markets showing heightened volatility due to the war in Ukraine, but today all eyes will be on high-level talks to be held in Turkey.

March 10,2022

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