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The Pound – Volatile but Pressured

GBPUSD, H1 The Pound continues to underperform the Dollar, which has driven a modest loss in Cable, to the lower 1.2700s. Markets are bracing for...

Pound’s gains on Article 50 ruling

GBPJPY & EURGBP The main movers today have been the Dollar, which has declined concomitantly with Treasury yields as markets recalibrate the Fed policy outlook,...

BREXIT – Cable Gives Up 1.3000, Unsurprisingly

GBPUSD, H1 The UK Cabinet agreed the Brexit divorce document (all 585 pages of it)  following a 5 hour meeting. However, the agreement was "collective"...

Sterling blasé on data – Full attention on Brexit

GBPJPY, H1 & H4 Brexit: EU and UK negotiations are in the "endgame" according to British Prime Minister May late night in London. But, it's...

Brexit Overview and Sterling

GBPJPY, H4 The EU summit in Brussels will put the focus firmly on Brexit, although the president of the European Council, Tusk, said yesterday that...

How the UK GDP Results Should be Interpreted

EURGBP, GBPJPY, GBPUSD, GBPCAD, H1 The real GDP figure for the UK came out more positive than expected for the three months which ended in...

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