A subdued outlook for the pound contrasts with a more bullish forecast for the euro, which is set to gain at the start of the week, potentially as a result of falling risk appetite. Add to this a bearish chart and we are biased to more downside for the pair in the coming week.

August 9,2016

Analysis of the Pound to Euro and Pound to Dollar pairs ahead of, and during the Bank of England’s policy decision and Inflation Report.

August 12,2016

The CBI has reported that Britain’s SMEs are expecting to boost exports over coming quarters as the UK becomes more competitive thanks to a devaluation in the overvalued Pound Sterling.

September 30,2021

For GBP, the focus in mid-week trade will be the outcome of the release of the Service PMI reading from Markit and the CIPS.

August 3,2016

Theresa May's new chancellor has scraped the previous administration’s goal of generating a budget surplus by 2020, allowing himself more room for manoeuvre in addressing the potential economic fall-out from Brexit.

August 3,2016

Pound Sterling is looking surprisingly firm despite news that UK Construction PMI data fell at its fastest pace since 2009.

August 3,2016