A member of the Bank of England's Monetary Policy Committee has given some upbeat comments on the outlook for the UK economy, prompting fresh buying interest in the British Pound.
May 27,2021
The outlook for the British Pound remains constructive say a number of analysts we follow, a view that if correct suggests the uninspired performance of recent days is likely to be short-lived in nature.
May 27,2021
The British Pound risks relinquishing the gains it has made against the Euro and Dollar over the course of May if a current bout of weakness extends through to month-end.
May 26,2021
The British Pound could continue to increase in value over coming days according to analysts we follow, however advances against the Euro will likely be harder to achieve given the improving economic outlook for the region.
June 4,2021
The British Pound saw some volatility ahead of the weekend following the release of PMI and retail sales data, however with the UK economic rebound apparently already priced into the currency's value any big directional shifts are unlikely.
May 21,2021
"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 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
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