The Pound Sterling (GBP) is steady, trading under 1.30 and also showing notable relative resilience in an environment of trade-related risk aversion, Scotiabank’s Chief FX…
GBP tracks broader tone in the USD – Scotiabank The Pound Sterling (GBP) is trading up a modest 0.2% vs. the USD and is a…
Created on March 25, 2025 The British Pound has shown itself to be rather strong during the trading session against multiple currencies, but it’s especially…
UK PMI data for March were mixed. Manufacturing output weakened to 44.6 (from 46.9 and against forecasts for a rise to 47.2), Scotiabank’s Chief FX…
Government borrowing data revealed a larger than forecast GBP10.7bn net public sector borrowing in February, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Gilts weaker on…
Created on March 20, 2025 For three consecutive trading sessions, the GBP/USD exchange rate has stabilized around and above the 1.3000 psychological resistance. It is…
Pound Sterling (GBP) is softer on the session, in line with its G10 peers, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Short-term price patterns may…
Pound Sterling (GBP) retains a firm tone versus the USD, reaching the 1.30 level for the first time since November before drifting back slightly, Scotiabank’s…
Pound Sterling ticks higher ahead of BoE policy decision, UK Employment The Pound Sterling (GBP) is slightly higher against its major peers, with investors focusing…
Pound Sterling (GBP) is little changed on the session after UK GDP data fell 0.1% in the January month, a little weaker than forecast, Scotiabank’s…