The Pound rose against all major rivals in the final session of the week and was underpinned by technical support on the charts as Prime Miniser Boris Johnson sought in parliament to 'get Brexit done' .
December 20,2019
The Pound handed its earlier gains back to the Euro and Dollar in noon trading Thursday after the Bank of England (BoE) was unable to inspire a sustainable upward move with December's decision to retain its 'neutral' interest rate stance.
December 19,2019
The Pound found support against the Euro and Dollar early on Wednesday although its upside impetus has been undermined by Prime Minister Boris Johnson's construction of a new 'no deal' Brexit cliff edge which is clouding the outlook for the British currency.
December 19,2019
The Pound erased its post-election gains over the Euro and Dollar Tuesday amid reports that Prime Minister Boris Johnson will create a new 'no deal' Brexit cliff edge, which has led some analysts to suggest a further correction is in store for the British currency.
December 17,2019
The Pound entered the new week on its front foot Monday with charts pointing to further gains over the Euro and Dollar ahead, while some fundamental analysts are cautioning that upside could be limited in the short-term.
December 16,2019
Pound Sterling's Shine Fades on Profit Taking Dips will be Bought say Analysts, Forecasting further Upside vs. Euro and Dollar.
December 14,2019
The British Pound rose sharply overnight after it became clear the Conservatives of Boris Johnson had won a majority in the December General Election, and analysts are now debating whether further gains are possible or whether the currency has found its ceiling.
December 13,2019
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