The next headline risks to Pound Sterling comes in the form of Bank of England Governor Carney’s appearance before the House of Lords Economic Affairs Committee.
October 26,2016
A break above the 1.25 level would confirm a bullish outlook for GBP/USD whilst 1.1400 is the line in the sand for GBP/EUR
October 25,2016
Societe Generale’s Olivier Korber argues Pound Sterling has absorbed as much negative news concerning the outlook as can be reasonably expected.
October 26,2016
UK should not be back down or reveal its concession expectations as this could make the EU harsher in its quest to make an example of the UK.
October 25,2016
Expectations for a strong GDP reading and falling expectations for a November Bank of England rate cut are supporting Pound Sterling.
October 26,2016
Pound Sterling could find Prime Minister May’s attendance at the Eurogroup meeting on Thursday and Friday the next source of volatility.
October 22,2016
Pound Sterling is under pressure against the Euro and US Dollar following the release of underwhelming UK retail data.
October 21,2016
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