The British Pound is being tipped to retain a subdued tone ahead of the weekend, amidst reports that the ongoing final round of EU-UK trade negotiations will see both sides declare they remain far apart on key issues after talks close later on Friday.

June 5,2020

The British Pound retains a bullish tone as markets move through the mid-week trading session with the UK currency holding above the 1.12 and 1.25 levels against the Euro and Dollar respectively.

June 3,2020

The British Pound leapt 0.85% against the Euro and a host of other major currencies over the course of the past 24 hours, which makes for the largest daily gain since April 02 and potentially sets the UK currency up for further gains in what could prove to be a volatile week for the currency owing to another round of trade negotiations between the EU and UK.

June 2,2020

Sterling's advance early in the week is unlikely to persist over coming days given that we are entering another important week on the Brexit front and we expect negative headlines concerning the state of trade negotiations to weigh.

June 1,2020

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis.

May 29,2020

The British Pound is trading softer against the Euro, U.S. Dollar and other major currencies as foreign exchange market participants increase expectations that trade negotiations between the EU and UK will fail to result in a deal, following a briefing on the state of talks by the UK's chief negotiator.

May 28,2020