Pound Sterling was unable to build a meaningful recovery, and risks are tilted lower this week, in which the Bank of England (BoE) dominates.

December 15,2025

GBP/EUR has been on the rise since mid-November, consistent with the relief rally we expected to transpire following the budget.

December 11,2025

Pound sterling's mini rally against the euro is intact.

December 3,2025

GBP/EUR extended losses following the release of above-consensus Eurozone inflation data.

December 2,2025

Pound sterling has stabilised against the euro, but it's too soon to start forecasting materially higher levels.

December 1,2025

Pound sterling's next big directional move risks a fall below 1.0 versus the euro when the next UK crisis swings around.

November 28,2025

Analysts at Nomura say major tail risks associated with this week's budget have been avoided, even if questions remain.

November 27,2025

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