Pound Sterling (GBP) Sterling has been under modest pressure this week following the release of fresh UK GDP data that showed an unexpected contraction in October. The weaker print reinforced expectations that the Bank of England may cut interest rates at its upcoming policy meeting. At the same time, positioning ahead of the Bank of […]

Pound Sterling (GBP) Sterling traded with a relatively steady tone this week, as markets balanced lingering post-Budget sentiment with new economic data and shifting expectations around global monetary policy. Retail activity in the UK remained subdued through November, underscoring ongoing caution among consumers, while markets continue to assess the chances of a Bank of England […]

Pound Sterling (GBP) GBP: The Pound had a slightly stronger week following the Autumn Budget, although the market reaction was more relief than optimism. While the Budget did technically provide additional fiscal headroom, many investors and businesses remain sceptical about its longer-term impact. Recent support for Sterling appears to have been driven mainly by the […]