There was no new economic data to drive the pound, but traders remained focused on a Bank of England policy meeting next week and a European Union leaders summit where Britain has said it will strike a transition deal to cover its relations with the ...
more| 05 Jan 2018 09:43 | Market Realist |
The outlook for the British pound in 2018 looks optimistic, as most of the negative news surrounding Brexit has been priced in.
moreMuch of what happens to the British Pound in 2017 will depend on implementation of the outcome of the Brexit referendum. Markets will have ample fodder for speculation, from the formal initiation of the process pulling the UK out of the European Union ...
more| 20 Jun 2016 09:15 | Headlines & Global News |
One of the most significant economic and geopolitical issues that has grabbed headlines all over the world over the last few weeks has been the upcoming referendum in the United Kingdom that would decide whether the nation is going to be a part of the ...
moreThis opens the door for a downside surprise, though the implications of such an outcome for the British Pound seem limited considering there is little room for deterioration in the BOE policy outlook.
more| 19 Apr 2016 05:07 | FX News Call |
Euro to British Pound currency pair managed a break in the GBP's advantage and from what I see right now is trying to move the EUR/GBP pair price as far from the Bullish channel as possible. Having created a strong resistance level on the 4 HR chart ...
more| 18 Apr 2016 15:11 | Exchange Rates UK |
The appeal of the British pound has been diminished lately, on account of the most recent forecast to come out of the Treasury regarding the UK Referendum's possible outcomes.
more| 14 Mar 2016 07:38 | Exchange Rates UK |
The Euro vs dollar exchange rate fell significantly and we saw a best conversion of 1.3070 on the GBP/EUR in the immediate aftermath of the announcement to cut interest rates to zero and extend quantitative easing measures to €80 billion a month.
more