The pound sterling (GBP) continues to trade in a positive fashion thanks ultimately to the belief that UK interest rates will rise at the end of this year.
June 23,2014
The British pound (GBP) continues to advance across the board and now offers the best dollar and euro exchange rates in years.
June 23,2014
The British pound (GBP) saw fresh gains later in the Thursday session with the UK currency acheiving fresh inter-year highs against the US dollar.
June 23,2014
Above: GBP/USD saw a lack of buying momentum earlier this week as traders focused most of their funds on pushing the EUR/GBP lower.
The British pound (GBP) continues to enjoy the lion's share of attention in global foreign exchange with buyers taking the UK currency to some of the best levels seen in years.
Recent pushes higher have however attracted some profit-taking and we could be seeing the GBP start to cool in the near-term:
June 20,2014
The British pound (GBP) was the stand-out performer of the past week after it surged on Thursday on warnings that UK interest rates will soon start to rise.
June 14,2014
Above: The traders piled into the pound overnight when the Bank of England announced it was considering raising interest rates sooner than markets had expected.
The British pound (GBP) is firmly on the front-foot against the euro at present as the interest rate differential between the Eurozone and UK continue to widen. Overnight the GBP/EUR powered to 1.25 - the best exchange rate witnessed since November 2012.
June 13,2014
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