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Pound resumes slide in spite of retail sales jump

January’s sharp monthly rebound in UK retail sales was not enough to keep the pound from coming under fresh pressure yesterday.

GBP/USD nears three-month low as Brexit ...

The pound continued retreating on Thursday, with lingering Brexit jitters overshadowing the UK’s stronger-than-expected retail sales figures.

Pound stumbles but UK inflation hits ...

Support for the pound weakened yesterday even though the headline UK consumer price index picked up further than forecast.

Pound retreats despite UK inflation surging ...

The pound trended lower on Wednesday, retreating in spite of surprisingly strong UK CPI figures.

GBP refreshes 2020 high

Sterling reversed its losses on Tuesday after new UK Chancellor Rishi Sunak said he would unveil the annual budget on 11 March as previously planned.

GBP/EUR refreshes 2020 high as UK Budget ...

The pound maintained its upward momentum on Tuesday as GBP investors welcomed the news that the UK government will not be making any more delays to it

Pound falters despite UK household optimism ...

An unexpectedly sharp bounce in the latest IHS Markit household finance index was not enough to prevent the pound from shedding ground yesterday.

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