The Relative Strength Index (RSI) indicator on the 4-hour chart rises toward 80, reflecting overbought conditions for GBP/USD ...

The Pound Sterling outperforms its major peers as UK Retail Sales grew at a faster-than-expected pace in August; Fears of UK ...

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ING commented; “Sterling's rally on yesterday's Bank of England communication looks fully justified. UK short-dated yields ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Currencies are one of the most important factors in the global economy and play a large role in determining trade agreements.

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...

Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provided an extra boost to the ...

Domestically, ING expects that the BoE will not cut rates in September, contributing to Pound support, especially if ...

The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.