There are two currencies where IMM leveraged fund positions are close to historical maximums. They are AUD and GBP. Late Friday May 31 the CFTC released positioning data for IMM participants as of the close of Tuesday May 28.

"Sterling is trading up at 1.6260 and it's proving very difficult indeed to call a top on this pair's remarkable rally," says Richard Driver at Caxton FX.

A busy day for sterling today with some supportive data from the ONS and NIESR. Tomorrow it's all about employment data. The British pound sterling (Currency:GBP) approaches the close of the London equity markets with some momentum after staging a ...

The British pound is tipped to enjoy a better second half of 2013 against the euro, however forecasters are suggesting the currency will likely come under pressure against the US dollar.

New Zealand dollar outlook against British pound is rangebound as the issue of currency devaluation is raised at RBNZ · Print · Email.

Currency markets have reacted in a hap-hazard fashion to one of the more critical US Non-Farm Payroll data releases of 2013. The British pound sterling (Currency:GBP) has not reacted well to today's US Non-Farm data release; an occasion of great ...

Good news for the UK economy and its currency this morning as the country's employment picture improves once more. The British pound has risen across the board in the wake of today's employment figures. "GBPUSD highest levels since Feb on better fall ...

The British pound faces a more interesting day on Tuesday than was the case on Monday with a number of data releases coming on hand for investors to consider.

Today, the calendar is in Europe is again thin. However, the US data are very interesting with the retail sales and the jobless claims on the agenda - will further US dollar gains be realised?

Analysts at TD Securities have today updated their exchange rate forecasts which sees the pound sterling as being undervalued against the euro.