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

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

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

Analysts will over the course of today update their forecasts for the British pound (GBP) in the wake of the events of the past 24 hours. We will keep our ears to the ground to bring readers all the new pound sterling forecasts and views as they arrive on our desk.

April 3,2014

For the pound sterling (GBP) the UK Inflation Report is the primary focus today, with the market eagerly awaiting the UK MPC’s response to the imminent threat of their 7% unemployment threshold being reached. Will Carney also attempt to talk the British pound lower? Stay in touch for our coverage and reaction to today's all-important event.

April 2,2014

The pound sterling (GBP) is losing ground against the euro however the chances of a sustained breached remain questionable considering the holding pattern we are seeing across the breadth of the pound exchange rate complex. We await the latest views and predictions ahead of the all-important Bank of England Inflation Report due on Wednesday.

April 1,2014