Sterling Underperformance To Begin The Week

Sterling Underperformance To Begin The Week

Sterling opened on Monday on a softer note with GBPEUR trading around 1.1750-1.18 and GBPUSD trading between 1.22-1.23. Fortunately, a higher close on Monday has given hope for a better Tuesday. Sterling has a few risks surrounding it currently, one of which being...
Pound Sterling Forecast- Week Ahead

Pound Sterling Forecast- Week Ahead

We are now entering the end of the month and the financial year- currently, GBPEUR is sitting at 1.20 and GBPUSD is just under 1.32. After a pretty hot CPI release for the UK, and a relatively disappointing budget- GBP has been under pressure over the last couple of...
Pound Sterling Exchange Rates Outperform.

Pound Sterling Exchange Rates Outperform.

The Pound had a great week last week after a number of supportive data releases in the UK including positive employment numbers, rising inflation, and an improvement in Retail spending. All three of these have now put the idea of an interest rate hike from the BoE...