The outlook for the British pound sterling (Currency:GBP) against the Australian dollar remains broadly positive; however performances against the euro and US dollar are forecast to remain poor.

In his last speech as Governor of the Bank of Canada Mark Carney has made it clear that he will not stand by and watch Britain slip into a lost decade. Worryingly for sterling bulls he has indicated he rather admires the aggressive stance taken by the ...

The British pound sterling (Currency:GBP) has strengthened through the course of Monday; however the currency is unlikely to trade into fresh territory ahead of the busy week that lies ahead.

The British pound sterling (Currency:GBP) took a big hit yesterday after UK inflation declined by more than expected; analysts are now seeing weaker inflation in their forecasts which leaves room for more GBP-negative quantitative easing at the Bank of ...

Our central scenario is for a modest pick-up in GDP growth but the defining feature of the UK economy will continue to be protracted deleveraging.

The outlook for the British pound sterling (Currency:GBP) is set to be event and data driven this week. There is also a broad-based sense that the currency will trade heavy.

Medium term momentum has become supportive of sterling (despite the recent short-term setback) and also for CAD which at the same time saw an increase in 2Y swap rates on a monthly basis.

Please Note: The above are quotes from the inter-bank market. When passing on their retail rates banks will ADD their own discretionary spread, driving up the cost of currency.

The US dollar has slipped back against the pound sterling on the back of a slew of weaker-than-forecast data releases. GBP/USD is 0.33 pct higher 1.5286.

The Pound could strengthen further later in the session as analysts await the Bank of England's quarterly report of economic analysis and inflation projections.