Pound Sterling has moved back against a key level against the Euro, as bulls fight to keep a multi-month uptrend alive and markets question the ability of the Bank of England to deliver an interest rate cut as soon as January.

January 15,2020

It now appears that the Pound is breaking down through the trend line and this would have us suggest the uptrend is ending and the Euro has the opportunity to regain the initiative.

January 14,2020

The was lower against all major currencies as markets closed Friday but it still ended the week a fraction higher against the Euro and remains above crucial support levels on the charts, although Sterling's resilience will be tested by several key pieces of economic data over the coming days.  

January 13,2020

The Pound-to-Euro exchange rate is set to close the week with a 0.5% gain, as a multi-week rally is kept alive by foreign exchange markets eyeing a stronger 2020 for the UK economy and greatly diminished political and Brexit-related risks on the horizon.

January 10,2020

The British Pound remains well supported on global foreign exchange markets after a senior EU politician said the UK and EU could enter a partial trade deal at the year-end if some issues require more time to negotiate. 

January 9,2020

The British Pound is trading higher in midweek trade, with strong gains coming against the Japanese Yen, U.S. Dollar and Euro despite a flareup in geopolitical tensions that would typically be associated with declines for the UK currency.

January 8,2020