The UK Treasury has revealed what they believe to be the “immediate economic impact of leaving the EU” which cites a negative shock to both jobs and the pound sterling exchange rate complex.
May 26,2016
We have been warning over the past 24 hours that a number of key GBP pairs were looking incredibly overbought, and that a correction lower would be required to balance the market.
May 23,2016
Pound sterling has made a fresh bid for fresh highs courtesy of data that confirms suggestions that that UK economy is slowing down is an exaggeration.
May 19,2016
Recent pound sterling gains look more sustainable in the wage of news wages and employment data have beaten analyst expectations in mid-week.
May 18,2016
Pound sterling enjoyed a strong recovery through April but gains have since stalled, and under-par data releases have certainly played their part.
May 17,2016
Pound sterling was a winner of what was arguably the most anticipated Bank of England inflation reports of recent times.
May 13,2016
The past two weeks have confirmed the British pound is definitely not at its April best; the main reason for this underperformance is probably not what most people would expect.
May 13,2016
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