GBP/USD at new 2021 lows & GBP/EUR below 1.18 after new virus strain prompts global market panic.

November 27,2021

A significant 'risk off' move on global markets saw the British Pound fall against the Euro and Dollar but rise against its more risk sensitive peers ahead of the weekend.

November 27,2021

"We are not expecting the pound to strengthen against either the dollar or the euro. In fact, the risk is that it weakens against both" - Capital Economics.

November 26,2021

GBP is predicted to come under pressure against the Euro and Dollar ahead over coming weeks and months, with a more sustained recovery only likely in the second half of 2022.

November 24,2021

A monthly survey of UK business conditions from IHS Markit encouraged expectations for a rate hike at the Bank of England in December, which should in turn keep the Pound relatively well supported.

November 23,2021

The British Pound enters the new week with a supportive wind behind it having earned the distinction of last week's best performing major currency.

November 22,2021