The pound to Indian rupee may have gained some ground in recent day’s due to the higher-than-expected UK Retail Sales data released on Thursday and concerns about Reserve Bank of India governor Rajan’s successor, but the pair has also formed a very bearish chart pattern which bodes ill longer-term.

August 19,2016

Pound Sterling (GBP) faces another set of headline data today in the form of UK retail sales.

August 22,2016

Sterling has taken a hell of a pounding on the ropes of late, however, both technically and fundamentally there are signs a recovery could be on the horizon, and an aged fighter’s bleary, bloodshot, half-opening eye is signalling there is still life in the old veteran yet.

August 23,2016

UK inflation is on the rise according to the latest data from the Office for National Statistics, and GBP has risen obligingly.

August 17,2016

Inflows into investment grade (IG) bond funds reached their highest peak ever as investors followed the lead set by the Bank of England following the announcement of its intention to buy 70bn bonds as part of its asset purchase scheme.

August 16,2016

Indicators are increasingly showing EUR/GBP could be losing strength and a reversal may be on the cards. The week ahead has ample opportunity for UK data to surprise or confirm the outlook for the economy. 

August 17,2016