The Finseta Blog

🇬🇧 Pound Bulls Run Into Technical and Dollar Headwinds Sterling faced headwinds last week as supportive fundamentals collided with firm technical resistance. The Pound started 2026 strongly, gaining against both the Euro and the Dollar. Against the Euro, persistent UK inflation pressures have scaled back expectations for Bank of England rate cuts, lending support to […]

🇬🇧 Sterling Rallies on Strong Data as BoE Rate-Cut Expectations Fade Last week, the pound recorded strong gains against the US dollar, rising over 1.5%, while advances versus the euro were also firm at more than 0.4%. The week opens with GBP/USD above 1.36 and GBP/EUR near 1.15. Sterling’s recovery gathered pace after data showed […]

🇬🇧 Stable as Growth Data Reassures, but Upside Remains Limited Last week, GBP posted modest losses against the US dollar while remaining broadly stable versus the euro, despite stronger than expected UK GDP data. Three-month GDP growth to November 2025 was +0.1%, supported by a rebound in manufacturing following Jaguar Land Rover’s production restart after […]

🇬🇧 Rising Redundancies Add to Sterling’s Downside Risks Last week, Sterling weakened against both the Euro and the US Dollar. Although the currency stabilised into Friday’s close, it remains on track for a second consecutive weekly decline. Cable touched its weakest level since late December, briefly trading around the 1.34 mark, while GBP/EUR opens the […]

🇬🇧 GBP/EUR Breaks Key Resistance at Start of 2026 GBP/EUR has started 2026 on the front foot, breaking above key resistance to hit its highest level since October at 1.1490. The move marks a two-month high and follows a period of consolidation over the Christmas break, during which GBP/EUR struggled to sustain gains above the […]

🇬🇧 GBP Sterling Under Pressure as Weak UK Data Dents Momentum Sterling slipped against both the Euro and the Dollar last week after a run of softer UK data. The economy contracted by 0.1% in October in the latest monthly GDP release, missing forecasts for a 0.1% expansion. On an annual basis, growth eased to […]