The Pound is subject to global currents sweeping the foreign exchange markets with a broadly softer U.S. Dollar aiding the GBP/USD higher. However, rumours on the state of Labour-Conservative Brexit talks and UK inflation data out mid-morning are likely to form the focus of Sterling trade over coming hours.
April 23,2019
Sterling volatility was seen on Tuesday after Heiko Maas indicated a harder line will be forthcoming from Germany on any future Brexit extensions, while the domestic agenda will be dominated by UK wage and employment data.
April 18,2019
Foreign exchange markets could once again start taking instruction from UK voting intention polls, amidst an increasingly popular view the country is heading for a general election.
April 17,2019
The Pound is stuck in a technical downtrend against the Australian Dollar which is expected to extend. UK employment data and broader investor sentiment will be the factors traders will be eyeing over coming days.
April 15,2019
The Pound will suffer steep losses against the Euro and Dollar over the next three months, according to ING Group, because Prime Minister Theresa May's latest "Brextension" is likely to derail the Bank of England (BoE) from its rate hiking path and store up further political upset for later in the year.
April 12,2019
The calm before the storm: How Pound Sterling is likely to be bucked by volatility as UK political uncertainty explodes.
April 11,2019
Expect a period of lacklustre, range-bound trade in the British Pound - with risks skewed to the downside - following the EU's decision to grant the UK an extension to October 31.
April 14,2019
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