The British Pound can remain under pressure against both the Euro and Dollar after UK retail sales came in at softer levels than expected, confirming the UK economy continues to slow.

October 24,2023

GBP underperforms amidst soft risk sentiment.

October 19,2023

The British Pound will remain under pressure against the Euro, Dollar and other major currencies with news UK inflation has come in at higher levels than markets were expecting likely to only offer limited upside, if any.

October 18,2023

The British Pound was softer against the Euro and Dollar after the release of UK wage data that hints the labour market continues to cool and will help bring down inflation over the coming months, in line with the thinking at the Bank of England.

October 17,2023

A surge in natural gas prices and an uptick in U.S. core inflation are two signals that could prompt the Bank of England into another rate hike before year-end.

October 13,2023

The British Pound looks to defend a run of small daily gains against the Euro and a more pronounced short-term rebound against the Dollar but will find little assistance from uninspiring GDP data.

October 12,2023

The British Pound looks set to reboot its rally against the Euro and Dollar over the coming months according to analysis from Bank of America Merrill Lynch.

October 10,2023

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