Foreign exchange strategists have been reacting to the latest bounce in the value of the British Pound, saying the currency has momentum to go higher still.
March 1,2019
The British Pound is adding to its recent gains against the Euro and U.S. Dollar in the mid-week session, as financial markets maintain the view that a 'no deal' Brexit outcome is unlikely and that Prime Minister Theresa May's Brexit deal is seeing improved chances of being voted through parliament in mid-March.
February 28,2019
From a currency markets perspective, a delay is good news for Sterling bulls no matter how long it is, but ING suggest a longer delay is preferable to a short delay for the currency.
February 27,2019
The Labour Party have announced that if they cannot get a 'Labour Brexit' through the House of Commons, they'll move to a promise of another referendum on Brexit.
February 28,2019
The British Pound is the best performing major currency of the past week having recorded advances against the likes of the Euro and Dollar on the back of cementing expectations that a 'no deal' Brexit will be avoided on March 29.
February 22,2019
Financial markets are being tipped to experience "some significant volatility" over coming weeks which could impact negatively on the value of the Pound, suggests a new analysis on the British Pound's outlook from Dutch lender and investment bank ABN AMRO.
February 22,2019
The British Pound is trading above 1.15 against the Euro and 1.30 against the Dollar on Thursday, February 22 with markets taking stock of the latest high-level Brexit meeting held between the EU and UK overnight.
February 22,2019
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