Sterling is mixed in late afternoon in London. There is a tangible degree of uncertainty as to where markets are heading this week.

"GBPUSD's trek higher since March has stalled below 1.5600 in the last week, and needs to break above that level in the near term to maintain bullish momentum.

NB: The above quotes are taken from the wholesale markets - your bank will add their own discretionary spread to the figures when passing on their retail rate.

The British Pound Sterling (Currency:GBP) is looking rather heavy this morning with a break below 1.18 against the pound looking distinctly possible.

"The combination of previously stretched short-term valuations and economic data surprises hint that GBP's recent recovery has been driven by tactical position taking rather than long-term positions based on a perceived improvement in the UK's ...

"The current environment is poise for GBP, with better data prints, a quiet period before Mark Carney takes over as Governor of the BoE and broad based USD weakness.

FOREX: British Pound starts the week off bearish against US Dollar. May 13th, 2013. By CountingPips.com. The British pound sterling has begun the week on the decline against the US dollar in foreign exchange market trading. The GBP/USD currency pair is ...

The pound to US dollar exchange rate is meanwhile flat - traders are apparently unable to make up their minds as to what today's events in Europe mean for this pair.

On a day in which we see the UK Indepence Party making themselves heard we should remind ourselves why it would be a self-inflicted injury of significant proportions were the UK to split from the Eurozone. This chart from Berenberg Bank tells a telling ...

British Pound Sterling Live on Tuesday: GBP "still has scope for new highs" say Lloyds Bank Research; M4 money supply and mortgage approval data to be of interest · Email.