The British Pound Sterling Today

The British Pound Sterling Today

19 July 2013 GBP technical outlook remains positive

There is no data with the potential to shake sterling today; hence we are left at the whims of broader market moves - particularly as regards the US dollar. Sterling will also find technical trading …

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18 July 2013 Broad-based advance as UK retail sales deliver a positive surprise

Following on from yesterday's boost to GBP in the wake of the release of the MPC Minutes we note sterling is mixed this morning - we have some retail sales numbers from the ONS at 9:30 which are pred…

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17 July 2013 Bernanke: USD volatility is the only guaranteed outcome

Today's BoE minutes were just the prelude to the biggest market event of the day/week—the Fed Chairman’s testimony in front of US policy makers.

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17 July 2013 The naysayers are caught short

Today should see interest spike in the British pound, we forecast a volatile session that will surely set the tone for GBP in coming weeks. The big event is that of the release of this month's Bank o…

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16 July 2013 British Pound Sterling Live on Tuesday the 17th: GBP punished by UK inflation data, Australian dollar powers higher by 1.5 pct as RBA fails to cut interest rates

Today the British pound faces a host of economic releases which, at the dawn of the Carney era, should gain some additional weighting. Should inflation come in above expectations (see below) then exp…

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