The British Pound saw some volatility ahead of the weekend following the release of PMI and retail sales data, however with the UK economic rebound apparently already priced into the currency's value any big directional shifts are unlikely.
May 21,2021
"Having been vocal GBP bulls at the start of the year we are now turning bearish," say foreign exchange analysts at Deutsche Bank.
May 20,2021
UK inflation rose by a greater margin than analysts had been expecting, but the rise was by no means surprising enough to warrant a major reconsideration of how the Bank of England might shift its views on interest rates.
May 19,2021
Restrictions on movement and socialising were eased further in England, Wales and Scotland on Monday despite concerns about the spread in the UK of the Covid-19 variant that caused a surge in infections in India.
June 4,2021
How Pound Sterling navigates coming days could well depend on the flavour of some key UK data releases, with the rule of thumb that a beat on expectations is supportive of the currency while a miss could see some declines.
May 17,2021
The British Pound is likely to remain supported against the Euro and Dollar over coming weeks but as we move into the back-end of 2021 that support is likely to fade, leaving a high-water mark for Sterling sellers potentially around the third quarter.
May 14,2021
The British Pound holds onto the lion's share of the gains it registered against the Euro, Dollar and other major currencies at the start of the week, with analysts saying there is scope for further advances.
May 12,2021
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