Last week was very encouraging for Sterling bulls with GBPEUR rising above 1.17 and GBPUSD rising above 1.29. Retail sales coming in strong on Friday closed off the week perfectly

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over

GBP saw a sign of relief in Tuesday’s morning session after the UK unemployment rate saw a decrease in June down to 4.2%. Even if there were signs of positive

The Australian Dollar has strengthened overnight against a number of currencies after Reserve Bank Governor Michele Bullock stated that central bank wouldn’t hesitate to hike interest rates again if inflation

Despite some buoyant UK data releases yesterday, in the construction surveys and more importantly British Retail Sales last month, it has done little to help The Pound as this morning

Since end of last week GBP has lost battles against its peers, noticing big losses against both the EUR and USD. Yesterday and in this morning session, we have seen