Despite GBP falling yet further on Wednesday we are hearing increased chatter that the sell-off is potentially now overdone. But a trigger is required to stimulate any kind of recovery.
January 13,2017
The current downtrend in Sterling is overhyped says Nordea Analyst Aurelija Augulyte, who forecasts a rise to 1.32 GBP/USD by year end, instead of further declines.
October 6,2016
The Rupee continued to rise against the pound on Tuesday even after the Reserve Bank of India (RBI) decided to cut interest rates, a move which would normally be expected to weaken the Rupee.
October 4,2016
Pound Sterling will be hoping for some much-need support from the release of UK data and a speech by the UK’s Chancellor of the Exchequer today.
October 4,2016
A busy end to the month for Pound Sterling with markets likely to focus on the outcome of a raft of official statistics that will give a gauge of post-referendum economic performance.
September 30,2021
The pound is revealing possible underlying strength on several key charts, such as against the euro and the dollar, and this may be an early indication of a recovery in the currency, says Broker Hantec’s market analyst, Richard Perry.
October 1,2016
A key member of the Bank of England has told an audience that she believes further monetary easing is necessary.
September 30,2016
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