Currency Forecasts

Category: Currency Forecasts


What could affect GBP in the coming weeks?

Good morning. The Pound has steadied a little, after Theresa May has delayed the meaningful vote in parliament until mid-January. This gives her a little more time to try and seek concessions from the EU, in order for Parliament to…

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Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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EU Exit Timeline – An important 2 weeks for Sterling

GBPEUR

As regular readers will be only too aware, it is the continuing uncertainty over the UK’s departure from the EU that is keeping the Pound under pressure of late. I’m afraid that today’s post will cover the same subject due…

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Brexit batters the Pound

As I’m sure all our readers will know, the last 24 hours have been extremely influential for Sterling exchange rates. Initially it seemed that the draft Brexit agreement would be agreed by the Cabinet, and GBP/EUR rates were as high…

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Pound and Euro weak, USD strong

UK and EU flag

Good morning. The Pound weakened yesterday as the rollercoaster of Brexit negotiations continue. One minute a deal is imminent and the Pound rises, then other comments surface that cast doubt on a deal being agreed this week, and the Pound…

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