The British Pound has pushed to new 2019 highs as markets continue to price in an expectation that Brexit will be delayed beyond March 29, a delay Prime Minister Theresa May is reportedly recognisi…
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Pound Sterling has hit fresh two-month highs against the U.S. Dollar and Euro in the mid-week session as one of 2019's favourite trade shows it has the legs to run a little further.
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Pound Sterling trades towards the top end of a multi-week range against the Dollar and Euro thanks to a combination of positive technical momentum and developments that suggest a 'no deal' Brexit w…
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Prime Minister Theresa May will today reveal to parliament the shape of the government's "Plan B" Brexit deal with the hope that lawmakers will unite behind the proposed changes, an outcome that wo…
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Bank of America Merrill Lynch Global Research have released new analysis that suggests Eurozone GDP could fall sharply in the event of a 'no deal' Brexit transpiring on March 29.
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The British Pound sits near the top of multi-week highs against a number of major currencies on the assumption a 'no deal' Brexit wil be avoided. However, we hear from a number of analysts that mar…
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The Pound has recovered back towards the top of recent ranges as foreign exchange markets believe Theresa May will ultimately secure the compromises required to gather a majority for her deal in th…
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Rolling updates on what the currency pundits are saying ahead of tonight's key parliamentary vote on the EU-UK Brexit deal.
Read more →From a technical perspective Pound Sterling is positively aligned against the Euro, but we are wary of a notable spike in volatility over coming days as the EU-UK Brexit deal is put in front of the…
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The British Pound is seen consolidating recent gains against both the Euro and U.S. Dollar as the countdown to parliament's meaningful vote on Brexit gets underway with parliamentarians set to star…
Read more →Betting markets are quoting odds of 3/1 that the British Pound will fall to parity against the Euro in 2019 while UK government ministers frantically deny they are putting out feelers on the prospe…
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Pound Sterling suffers soft start to 2019 trade but could be boosted if May's deal succeeds mid-month.
Read more →The Pound trades with a soft undertone Friday, nursing a weekly loss of 0.5% against the Euro and 0.75% against the Dollar ahead of the weekend on news there has been no last-minute concession from…
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Pound Sterling remains driven by Brexit and the next instazllment in the saga sees Theresa May head to Brussels to hear what concesssions they will offer her.
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- May says she will stand down before next election - May expected to survive vote - GBP enjoys strong recovery - Further gains topped to be limited by analyst.
Read more →Pound Sterling has relinquished the day's recovery on headlines that a no confidence vote is to be called on Theresa May's leadership of the Conservative party.
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Political developments in the UK point to yet further uncertainty and we would expect the British Pound to remain under pressure over coming days as a result.
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- May to make statement to parliament at 15:30 GMT - Sterling dips on news Brexit vote in parliament is off - ECJ rules UK can stay in European Union - ECJ Ruling to weaponise stance of remain-lean…
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The Pound will rise by almost eight percent against the Dollar before the UK leaves the European Union, according to analysts at Bank of America Merrill Lynch, who say the currency offers …
Read more →The probability of the UK remaining in the EU has now doubled to 40%, the highest it has been since the referendum, say analysts at investment bank JP Morgan, offering a fundamental view that suppo…
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