The British Pound forecasts held at Swiss private bank Lombard Odier have been lowered, with analysts citing anxieties over the EU-UK trade negotiations as well as the 'dovish' shift adopted by the Bank of England.

January 21,2020

The British Pound endures a soft start to the new week, going below 1.30 against the Dollar and trending back towards 1.17 against the Euro, as markets digest latest developments concerning EU-UK trade negotiations and await a key set of economic data due out at the end of the week that should dictate as whether the Bank of England cuts interest rates or not on January 30.

January 22,2020

Exchange rates are predominantly driven by expectations for economic growth and interest rates although technical analysis is an increasingly important, but often poorly understood influence on price action, so what follows are definitions and explainers for some of the terms most frequently encountered by Pound Sterling Live.

January 21,2020

Pound Sterling was put on the backfoot Friday after the ONS reported UK retail sales slumped in December, surprising a market that had been prepared for modest growth and adding to expectations that the Bank of England would cut interest rates on January 30.

January 21,2020

The British Pound has traded with a firmer tone against the Euro, Dollar and other major currencies in the second half of the week as markets are unwilling to bet a Bank of England interest rate cut at the end of the month is certainty.

January 21,2020

The British Pound is being tipped to remain under pressure over the near-term as foreign exchange markets sell the currency in anticipation of a January 30 interest rate cut, but some analysts are warning a rate cut is not yet a done deal.

January 21,2020