A sustained break below the latter will likely trigger a fresh downtrend toward the 50-day SMA at 1.2667, followed by the 100-day SMA at 1.2614. The Pound Sterling (GBP) is the oldest currency in ...

The Pound Sterling (GBP) trades higher against its major peers on Thursday. The British currency recovers most of Wednesday’s losses driven by a softer-than-expected United Kingdom (UK ...

The pound rose to just shy of $1.27 earlier, its strongest against the dollar since December 18. That follows three consecutive weekly gains for the sterling, its longest positive run since last May.

Post-EU referendum price action for the Pound Sterling (GBP) has seen GBP-crosses swing rapidly, often by upwards of 1% per day as markets react to a constant stream of Brexit related developments.

The pound sterling took a hit on Wednesday afternoon ... even after last year's cut of the federal funds rate by 100 basis points. Market analysts now foresee only a single rate cut this year ...