J P Morgan see a risk of a bounce in GBP/USD due to the legal challenge to Brexit currently being deliberated on in the high court, however, a very positive outlook for the USD in the medium term suggests the bounce may not be enduring.

October 25,2016

A more hopeful outlook for a UK and EU trade deal has supported the pound against the dollar, which has itself been strengthening as markets increasingly foresee the Fed raising interest rates in December.

October 25,2016

The Pound pared recent gains at the start of the mid-week session and was seen amongst the worst performers in the Asian session.

October 20,2016

Although broker TD Securities is bearish the pound overall, they nevertheless admit that the currency is at risk a of sudden turnaround wrong-footing short-sellers of the pound.

October 18,2016

As expectations that interest rates in the US will be raised firm, the pound looks the more likely to weaken – but how much lower can it go?

October 17,2016

Fat finger Friday causes the bank to reconsider its end of 2016 and 2017 targets for the currency pair.

October 15,2016