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

Above: BoE Governor Mark Carney sends the pound sterling sky-high against the euro. But look at the RSI indicator which is reading well above 80 warning of overbought conditions.

The British pound (GBP) shot higher against the euro on Thursday evening on a shock message issued by the Governor of the Bank of England. On Friday we are seeing buying interest remain firm.

June 13,2014

The British pound (GBP) is forecast to enjoy a bullish run against the euro in the long-term thanks to widening interest rate differentials between the UK and Eurozone.

June 12,2014

The pound euro exchange rate faces an important session on Thursday while the pound dollar rate will see increased volatility on Friday.

June 6,2014