The British currency managed to post rather significant gains on Tuesday, having declined notable only against the Aussie.
The Sterling continued to decline against most major currencies this week, as on Monday it managed to outperform only one other currency, namely the Yen.
On Friday and over the weekend the British currency weakened across the board, with the only exception being the Cable.
While previously we saw the Pound losing amid the positive fundamentals, yesterday the currency was mostly bullish, even though the main release disappointed.
Regardless of the positive UK fundamentals released yesterday, the Sterling keeps ceding ground against the background of rising support of 'Brexit' among UK citizens.
There were no significant reports on the UK economy yesterday, but the Pound fell precipitously on Tuesday against its major counterparts amid the latest rolls showing more people willing to leave the EU than to stay.
The Sterling was mostly appreciating yesterday, but gains were limited by a small amount of fundamental releases, while losses did not exceed 0.2%.
Despite the absence of any events in the economic calendar, the British Pound was among the best performers on Friday.
Thursday was the worst day for the Sterling this week so far, as it edged lower against all other major currencies yesterday.
Risk appetite caused the Sterling to appreciate the most against the safe-haven Yen, with the pair adding 0.60%, while the Pound also managed to outperform most of major currencies yesterday.
The UK Inflation Report Hearings yesterday caused the British currency to post solid gains across the board.
The British Pound began the week with rather poor performance, as it sustained losses against most major peers on Monday.
The Sterling ended the week with poor performance, having sustained rather serious losses against all other major currencies.
A positive reading of the UK Retail Sales data yesterday caused the Sterling to outperform most major peers.
After another day the Sterling skyrocketed against most major peers, amid surprise EU referendum polls showing that the majority is voting for the ‘Bremain' camp.
'Bremain' votes kept providing support for the British currency on Tuesday, causing it to post gains across the board, even despite poor inflation figures.
Hopes of the UK remaining in Europe provided support for the British currency on Monday, helping it outperform most major peers.
The Sterling failed to outperform other major currencies on Friday and over the weekend, with rather sharp losses detected against the Yen and the US Dollar.
The Sterling's performance was mostly mild on Thursday, as there were significant movements registered only against three major currencies.
With fears of ‘Brexit' weighing on the UK currency pair, losses were registered across the board on Wednesday, with the only exception being the Cable.
The Sterling had another good day yesterday, having appreciated against most major peers over the day.
The Pound set off with rather good performance this week, having appreciated against most of other major currencies, with exception against the US Dollar and the Swiss Franc.
The Sterling experienced mixed performance on Friday and over the weekend, having appreciated against some major peers, but also declined against the others.
A poor reading of the UK Services PMI yesterday caused the British currency to sustain losses against most major peers.