Pound Sterling suffered its largest drop recorded in a single day since December against the Euro since mid-December, following early signs of tensions between the EU and UK ahead of critical trade negotiations.

February 3,2020

The Pound was the best performing major currency last week and is tipped by technical analysts to advance on the Euro over the coming days, although fundamental risks include a likely Monday collapse in Chinese stock markets and elevated British bond yields that might be due a correction. 

February 2,2020

There remains a sizeable degree of scepticism amongst the foreign exchange analyst community as to whether the Pound can extend higher through February and in doing so keep alive a multi-month trend of appreciation.

February 1,2020

According to a note foreign exchange analyst, the British Pound is likely to remain well supported for the foreseeable future as a combination of Bank of England policy and increased Government spending provide a positive fundamental backdrop for the currency.

January 27,2020

The Pound closed the Friday session having become the second best performing major currency of the week although there could be further gains in store for the coming days if studies of the charts and the market's evolving view on the Bank of England (BoE) outlook are anything to go by.

January 27,2020

Pound Sterling crossed a key psychological and technical level against the Euro on Wednesday, January 22 after data showed confidence amongst UK businesses has increased substantially since the December General Election.

January 22,2020