The coming week will be a key one in determining whether or not the UK is released from all Covid-19 restrictions on June 21, an outcome that will likely have implications for how the British Pound trades near-term.
June 1,2021
The British Pound will be looking to cement a monthly gain against the Euro and Dollar on the final day of May, aided in part by increasingly hawkish mood music out of the Bank of England.
May 31,2021
The British Pound found a steadier footing ahead of the weekend after a member of the Bank of England warned that an interest rate rise might be required sooner than the market currently expects, but gains could prove limited owing to some disappointing short-term data releases.
June 4,2021
A member of the Bank of England's Monetary Policy Committee has given some upbeat comments on the outlook for the UK economy, prompting fresh buying interest in the British Pound.
May 27,2021
The outlook for the British Pound remains constructive say a number of analysts we follow, a view that if correct suggests the uninspired performance of recent days is likely to be short-lived in nature.
May 27,2021
The British Pound risks relinquishing the gains it has made against the Euro and Dollar over the course of May if a current bout of weakness extends through to month-end.
May 26,2021
The British Pound could continue to increase in value over coming days according to analysts we follow, however advances against the Euro will likely be harder to achieve given the improving economic outlook for the region.
June 4,2021
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