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GBP to be driven by retail sales data
The pound sterling (GBP) was sold on Friday afternoon after a good morning's trade. Monday sees a soft start however general consensus for the time being suggest the UK currency will likely remain supported in a week of little data or event risk.

March 10,2014

british pound sterling
The pound sterling (GBP) will be under scrutiny at 09:30 on Friday as the ONS release their monthly retail sales figures. We believe that the data will have to significantly beat expectations to drive aggressive buying. All suggestions though point to further consolidation in the UK currency.

April 4,2014

pound sterling outlook today
The British pound (GBP) is mixed on Thursday morning having staged a decent comeback through the course of Wednesday's trading session. Traders will keep an eye on the important technical levels driving sterling while the Vodafone / Verizon deal should prompt some further support for GBP/USD.

April 3,2014

British pound faces unemployment data
The British pound (GBP) faces a torrent of key information released at 09:30, so important are today's events that we believe that the market reaction will ultimately confirm the outlook for the sterling exchange rate complex for the remainder of the month.

April 2,2014

British pound and inflation release
The British pound (GBP) has come under fresh selling pressure on Tuesday morning after UK inflation fell faster than expected. However, analysts forecast the UK currency will likely be protected by key support levels.

April 1,2014

British pound forecasts and coverage
The British pound (GBP) has hit the highest levels in over a year against the euro confirming bullish forecasts for the pound euro exchange rate in 2014. But, it is a busy week that lies ahead and the sterling rally could well encounter problems.

April 7,2014

British pound live
The British pound (GBP) continues to enjoy positive momentum on Friday morning and has been underpinned by a stable market. In fact, general market conditions appear to favour sterling, thus the outlook depends on the ups and downs of the general marketplace.

April 4,2014

More Articles …

  1. British Pound (GBP) on 13/02: Sterling Remains Firm, Profit-Taking to Recent Rally Remains a Risk
  2. British Pound Sterling (GBP) on 12/02: Sterling in Hefty Gains as Bank of England Confirms Interest Rate Hikes Ahead
  3. British Pound (GBP) on 11/02: Pound exchange rate complex heads higher, BoE risks lie ahead
  4. British Pound 10/02: GBP Forecasts, Predictions and Insights
  5. British Pound (GBP): UK Trade Figures Deliver a Surprise, Sterling Firm in Mid-Morning Trade
  6. Pound Dollar Exchange Rate Forecasts 2014: GBP/USD Predicted to Decline This Year
  7. British Pound (GBP) LIVE: Sterling Exchange Rate Complex Testing Support Levels Ahead of BoE Decision
  8. British Pound (GBP) 05/02: The Outlook for February Turns Bearish for the Pound Sterling

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