The pound (GBP) traded without clear direction on Wednesday, as investors braced for the Bank of England’s (BoE) latest policy decision. With a quarter-point rate cut already priced in, market ...

The Bank of England (BoE) will announce its latest policy decision on Thursday. If dovish signals accompany an expected interest rate cut, Sterling could stumble. At the time of writing, the pound is ...

Daily Update Daily updates on how key currencies are performing in the currency markets.

Pound (GBP) mixed amid BoE uncertainty The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate decision. Although the bank struck a slightly more hawkish ...

The pound (GBP) saw mixed movement on Tuesday as markets digested the IMF’s latest health-check of the UK economy. Although the IMF nudged up its growth forecast for 2025 from 1.1% to 1.2%, it also ...

The pound (GBP) traded sideways on Thursday, following a warning that UK debt may triple over the next 50 years. The Office for Budget Responsibility (OBR) warned the UK’s debt pile could rise to 270% ...

Pound (GBP) firms on UK-US trade deal hopes The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a UK-US trade deal.

The pound (GBP) faced some pressure yesterday after the UK’s final manufacturing PMI was revised lower to show a larger contraction in activity. However, Sterling held steady against some of its ...

Pound (GBP) pressured by dovish BoE remarks The pound (GBP) tumbled through Wednesday’s session, after the Bank of England’s (BoE) Alan Taylor suggested the UK’s ‘deteriorating’ economic outlook ...

The pound (GBP) had a mixed start to the week, despite some hawkish comments from Bank of England (BoE) Deputy Governor Clare Lombardelli. Although the policymaker said it was ‘too early to declare ...

The pound (GBP) slipped against its stronger peers on Friday following a much larger-than-forecast contraction in UK retail sales growth last month. However, while UK sales slumped 1.2% in June, ...

UK Prime Minister Kier Starmer’s meeting with US President Donald Trump will be closely watched by GBP investors this week. A positive rapport between the two may be supportive of the pound (GBP) in ...