Inflation Data and What Is Next For The British Pound? - July 20, 2025 6:07

Headwinds hit the British Pound as this week’s inflation numbers took a surprise jump in June and newly released labour data showed a steep climb in unemployment rates. Now the Bank of England is facing a tough decision on what to do next. The Office for National Statistics revealed that in June the annual inflation […]

Pressure Mounts on the British Pound Following Autumn Budget - November 3, 2024 13:35

After the publication of UK’s Autumn Budget, the British Pound (GBP) was under immense pressure this week. UK Chancellor Rachel Reeves nails consumers with £40 billion tax increases, the largest fiscal tightening since 1993. Immediately following the announcements, the Pound lost value as markets estimated how much the economy would suffer. Chancellor Reeves unveiled massive […]

Pound Holds Strong as Labour Wins with a Landslide - July 7, 2024 13:40

The British Pound Sterling is still on the rise on Friday, continuing the trend for the day when the Labour Party won the national election of the UK. The party got 410 seats in parliament and won the election. The concession of defeat by PM Rishi Sunak suggested that the governmental powers have shifted. Regarding […]

The Pound is in Freefall – When Will It Stop? - May 22, 2019 15:21

It’s been a rough old time for the British Pound. Since the start of the 2nd week of May it’s been completely freefalling. GBPUSD has dropped over 1000 pips to 1.26390 at the time of writing this. There has been no recovery, no respite, just continued weakness. It seems that nobody loves the Pound. The […]

FTSE Weaker in Q2 But Looking For Support - May 13, 2019 11:15

Early Q2 exuberance on the FTSE 100 seems to have settled, and in predictable form the main UK index of large cap blue chips is retracing in order to find support. As is often the case during summer months, the FTSE 100 seems to be looking for a trading range until Q3 gets underway. The […]

GBP Gets Ready for an Unpredictable Day with Meaningful Vote 2 - March 12, 2019 11:34

All eyes are once again focused on the British Pound, with a crunch vote happening today on the deal which Theresa May has secured with the EU parliament. As news broke on Monday evening that there was now an agreement on the Northern Ireland backstop (which has been the main point of controversy throughout the […]

Relief Rally on Share Prices as US and Europe Make Gains - October 17, 2018 9:44

What a difference a few days make. Stock markets began to rebound strongly in early week trading after the horrendous falls last week. Share prices in the UK had been hit hard, but this mini relief rally was also aided by a weaker British Pound. The British Pound came under pressure on Monday when talk […]

British Pound Stays Strong Whilst The Dollar Remains Weak - September 19, 2018 9:22

The British pound remained strong in early trading this week, especially so versus the US Dollar which remains weak and is consolidating around its recent lows. GBPUSD has managed to trend higher this last month and is now back at the levels seen in early July. There could be some resistance around the 1.31 to […]

British Pound Makes Gains on Brexit News Ahead of US Non Farm Payrolls - September 6, 2018 9:31

Yesterday the British Pound made gains across the board as word surfaced that progress towards an agreement on Brexit is being made. Instantly the Pound surged against all other currencies. The main gains were made against the US Dollar with weaker than forecast trade balance data arriving on US markets opening. While a final deal […]