The British Pound begins a new week with a heavy tone as it falls against all major trading counterparts, but analysts at Goldman Sachs join peers and say the UK currency can continue to perform well.
June 7,2023
Thomas Flury, Strategist at UBS, has issued a strategic recommendation for a long trade on the British pound against the Swiss franc, targetting a move to 1.15.
June 2,2023
The Pound recovered lost ground from a broadly softer U.S. Dollar in the opening session of a holiday-shortened week and reached some of its best levels against the Euro since December amid broad gains across the government bond complex.
May 30,2023
The British Pound is back on "negative watch"
June 7,2023
Pound Sterling exchange rates fell widely in midweek trade after UK inflation fell less than many forecasters expected for the recent month with possible implications for the Bank of England (BoE) interest rate outlook, though analysts and economists have a wide range of views on the outlook.
May 24,2023
Headline UK inflation has fallen back sharply when compared to a month ago, but the fall was not great enough to undershoot market expectations, leaving the Pound supported.
May 24,2023
The UK economy likely continued to grow in May according to new survey data, but because the figures came in below analyst expectations the British Pound fell back.
May 23,2023
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