The outlook for the British pound sterling (Currency:GBP) against the Australian dollar remains broadly positive; however performances against the euro and US dollar are forecast to remain poor.

The British pound sterling (Currency:GBP) continues its trend lower towards 1.50 against the US dollar; but there are some gains to be had today against the Australian dollar.

This is supportive of ETFs like the Betashares British Pound ETF (ASX:POU) and the Currency Shares British Pound Sterling Trust (FXB), and these trends look set to continue.

British Pound Sterling Live: GBP in fresh sell-off as UK retail sales disappoint and Mark Carney lays down his dovish credentials · Email.

The British pound sterling (Currency:GBP) has strengthened through the course of Monday; however the currency is unlikely to trade into fresh territory ahead of the busy week that lies ahead.

Our central scenario is for a modest pick-up in GDP growth but the defining feature of the UK economy will continue to be protracted deleveraging.

The Pound could strengthen further later in the session as analysts await the Bank of England's quarterly report of economic analysis and inflation projections.

The British pound sterling (Currency:GBP) took a big hit yesterday after UK inflation declined by more than expected; analysts are now seeing weaker inflation in their forecasts which leaves room for more GBP-negative quantitative easing at the Bank of ...

Medium term momentum has become supportive of sterling (despite the recent short-term setback) and also for CAD which at the same time saw an increase in 2Y swap rates on a monthly basis.

The US dollar has slipped back against the pound sterling on the back of a slew of weaker-than-forecast data releases. GBP/USD is 0.33 pct higher 1.5286.