British Pound Begins Countdown to Hard Brexit
Brexit Latest News: Without an extension in place, the UK is on a path to formally Brexit in a ‘hard’ fashion: without a new EU-UK trade deal. The end is… Read more »
Tag: Pound
Pound Steadies after PMI
The Pound Sterling steadied against its US counterpart after an unexpectedly improved manufacturing survey showed an increase in output, albeit a small one, offering some hope to FX traders after… Read more »
Pound Slides After GDP Data
The Pound Sterling was broadly lower in London trading on Tuesday as FX traders await news of the government’s plans regarding infrastructural spending given the latest growth data. The Office… Read more »
Pound Struggles for Traction on PM Promise
During London trade on Monday, the Pound Sterling remained within striking distance of the recently struck 1-month trough after the Prime Minister hinted that it was his strong intent to… Read more »
British Pound Latest (GBP) – GBP/USD Coiling for a Breakout
GBP/USD Price Analysis & News Calmer Conditions for the Pound The Pound has seen somewhat of a relatively calmer week, with the currency on course to hold out for minor… Read more »
Pound Recovers in Cautious Trade
Currency analysts say that concerns over the Brexit deal negotiations and the possibility of a second round of Coronavirus related infections are likely to keep gains limited. The Pound Sterling… Read more »
British Pound Outlook Before Key Brexit Date: GBP/USD, GBP/NZD, GBP/CAD
June 30 Deadline, Brexit, British Pound, GBP/USD, GBP/NZD, GBP/CAD – TALKING POINTS GBP/USD has been relatively directionless for over two months – is that about to change? Technical cues, recent… Read more »
Pound Higher on Improving Outlook
The UK government is considering easing some of the social distancing restrictions. In London trading on Monday, the Pound edged higher against the US Dollar. The GBP/USD pair moved off… Read more »
GBP/USD Forecast June 22-26 – Pound Slips as BoE Expands QE
GBP/USD posted sharp losses for a second straight week, dropping 1.5 percent. This week features four events, including services and manufacturing PMIs. Here is an outlook for the highlights and an… Read more »
Pound Hobbles to Second-Straight Weekly Loss in a Month on Brexit, Virus Jitters By Investing.com
© Reuters. By Yasin Ebrahim Investing.com – The pound suffered back-to-back weekly losses against the greenback for the first time in more a month, and experts warn the rout is… Read more »