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GBP Hits Back After Round 4, and Pundits Are Smiling!

During the latest round of Brexit negotiations, UK Brexit secretary David Davis and his European counterpart Michel Barnier inched closer towards consensus on a host of issues
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Inflation up at 2.9% and Traders are Bullish on the Sterling

Britons are faced with a catch 22: On the one hand, inflation is rising rapidly, and this bodes well for an increased interest rate and an appreciating GBP.
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The Sterling’s Spike Excites Speculators

The Cable (GBP/USD) has been trading in a slightly bullish range this week.
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Why Are Traders Dumping the GBP?

The GBP/EUR currency pair shed 0.02%, or €0.0002 to trade at 1.0796 against the EUR on Monday, August 28, 2017. Read more!
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Who Let the Air Out of the British Pound?

The Brexit saga continues to weigh heavily on the fortunes of the British pound. Find out more!
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Boycott Britain? Europeans Looking Elsewhere for Cash

The 52-week trading range of the GBP/EUR is 1.0809 on the low end and 1.2040 on the high-end.
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Is a GBP Breakout on the Horizon?

The Bank of England (BoE) will be announcing its interest rate decision on Thursday, August 3, 2017 at 11 AM GMT. Find out more.
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Fed Helps GBP/USD Pair Rise to 10–Month High

The cable is appreciably higher than the 50-day moving average of 1.289 and the 200-day moving average of 1.258. Read more.
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Sterling Expected to Remain Stable Ahead of General Elections

The June 8 election in the UK is not likely to rock the boat for the GBP. Analysts expect the EURGBP pair to stabilise in a range between 0.82 – 0.86 after the election.
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HSBC Issues Dire Warning on the Fate of the GBP

Geopolitical instability and economic imbalances will likely prevent the GBP/USD from appreciating in 2017. HSBC forecasts a rate of 1.20 by the year’s end.
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