The British Pound's stellar 2023 will ultimately unravel at some point in the coming weeks as the UK economy begins to underperform rivals say BNP Paribas in a new currency forecast note.

June 16,2023

The British Pound's initial reaction was to go higher following the release of a UK labour report that roundly trounced analyst expectations and suggested the UK would continue to see elevated inflation levels as a result of elevated wage settlements.

June 13,2023

Pound Sterling bulls "appear reluctant... as liquidity dries up ahead of a slew of data followed by Fed, ECB and BoJ meetings later in the week."

June 12,2023

The British Pound faces two data releases this coming week in what amounts to the first real domestic test for the currency for this month.

June 12,2023

Pound Sterling is at strong levels and one payment specialist says there is a risk buyers of euros and dollars risk being disappointed by a negative reaction to incoming data.

June 9,2023

A number of foreign exchange analysts we follow have over recent hours revealed research that shows the British Pound is set for a period of weakness as the UK economy enters a slowdown in the second half of the year, led by the housing market.

June 7,2023