Favourable April seasonality propels the Pound to its strongest valuation against a host of currencies since the start of the year, but momentum indicators look overbought and gains should fade says Bank of America.

April 20,2023

The British Pound jumped against the Euro, Dollar and the majority of its peer currencies after a flush of stronger-than-expected UK inflaton figures that seal another interest rate hike at the Bank of England in May.

April 25,2023

Searingly hot wage data will keep pressure on the Bank of England to raise interest rates further, which could in turn ensure the British Pound remains supported.

April 25,2023

The British Pound remains near the previous week's lows against a host of major currencies as investors limit exposure to the currency ahead of a number of key data releases.

April 17,2023

The British Pound edged higher against the Euro and Dollar in the wake of UK economic growth data that confirms the UK economy is set to avoid recession in the first half of 2023.

April 13,2023

According to a recent report by Deutsche Bank, the market's expectations for the British Pound may have become overly optimistic in recent weeks.

April 12,2023