Pound to Rally Against Euro, Dollar on Brexit Article 50 Trigger say Barclays

Pound to Rally Against Euro, Dollar on Brexit Article 50 Trigger say Barclays


The countdown to the triggering of Article 50 of the Lisbon Treaty is finally upon us and on Wednesday, March 29 the UK enters one of its most important negotiations of recent history.

Euro

Pound to Euro Latest

1.1591▼

-0.16%

Previous Close:

1.1609

Today's High:

1.1612

Today's Low:

1.1581

US Dollar

Pound to US Dollar Latest

1.2488▼

-0.26%

Previous Close:

1.2521

Today's High:

1.2521

Today's Low:

1.2474

Australian Dollar

Pound to Australian Dollar Latest

1.6389▼

-0.16%

Previous Close:

1.6414

Today's High:

1.642

Today's Low:

1.635

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.7807▼

-0.01%

Previous Close:

1.7809

Today's High:

1.7835

Today's Low:

1.7765

South African Rand

Pound to South African Rand Latest

15.575▼

-0.07%

Previous Close:

15.5862

Today's High:

15.6061

Today's Low:

15.5418

Canadian Dollar

Pound to Canadian Dollar Latest

1.6681▼

-0.19%

Previous Close:

1.6713

Today's High:

1.6722

Today's Low:

1.6662

Latest British Pound News

GBP LIVE TODAY

Pound to Rally Against Euro, Dollar on Brexit Article 50 Trigger say Barclays

24 March, 2017 |

The countdown to the triggering of Article 50 of the Lisbon Treaty is finally upon us and on Wednesday, March 29 the UK enters one of its most important negotiations of recent history.

GBP LIVE TODAY

British Pound Strength an 'Aberration' Warn Standard Chartered

23 March, 2017 |

Analysts at Standard Chartered have observed with interest the Pound's recent advance against both the Euro and Dollar saying there is a risk that the strength is overstated by markets.

GBP LIVE TODAY

Pound Sterling Jumps Against Euro, Dollar on Surge in Retail Sale Spending

23 March, 2017 |

Markets reacted favourably to the latest release of UK retail sales data with the Pound rising strongly against all its major competitors.

GBP LIVE TODAY

The Great British Pound Recovery

22 March, 2017 |

Expectations for Pound Sterling’s walk out of its Brexit-shaped hole continue to grow - just as the shape of that hole is about to be revealed.

GBP/EUR: News and Forecasts

EUR

Euro to Pound Rate Breaks Key Support Level, Could fall to 0.8602

23 March, 2017 |

EUR/GBP has been moving higher over recent weeks on improved sentiment in the Eurozone and a reduction in political risk.

EUR

Pound to Continue Edging Higher Against Euro Near-Term

22 March, 2017 |

GBP/EUR is channelling higher on the four-hour chart, can it continue?

EUR

Pound to Euro: ‘Head and Shoulders’ Pattern Signals Better Times Ahead for the Pound

22 March, 2017 |

Pound Sterling enters the mid-week session having been the best-performing currency in the G10 complex over the previous 24 hours.

EUR

The Euro Charges Ahead as Macron Trounces Rivals in TV Debate

21 March, 2017 |

The Euro was seen trading higher against the US Dollar and Pound Sterling after the market’s favourite Emmanuel Macron was seen coming out on top in a televised debate of France’s Presidential candidates.

GBP/USD: News and Forecasts

USD

Techs Suggest Pound to Struggle at 1.2510 Against US Dollar but Successful Break Opens the…

22 March, 2017 |

GBP/USD is probably forming a triangle pattern which began after the rebound from the October 2016 post-Brexit lows.

USD

D-Day is Here: US Dollar and Stocks Face Significant Downside Risks if Repeal of Affordabl…

22 March, 2017 |

Equities and commodities are in retreat in Asia and Europe today following on from falls in Europe and the US yesterday.

USD

The US Dollar is Forecast to Rise Again

21 March, 2017 |

The Dollar surprised many investors last Wednesday when it fell back after the Federal Reserve met to raise interest rates but disappointed Dollar bulls by suggesting markets should only expect two further interest rate rises in 2017.

USD

Pound Forecast to Rise Back up to 1.27 Dollars

20 March, 2017 |

GBP/USD had been in a falling trend under the weight of a strengthening Dollar and the weakening Pound due to Brexit fears.

EUR/USD: News and Forecasts

Euro to Dollar

The Euro to Dollar: Midweek Technical Analysis

22 March, 2017 |

 The EUR/USD has pulled back to the trendline joining the tops of the previous range highs and now looks poised to regain momentum higher.

Euro to Dollar

EUR/USD Pierces Trendline, Outlook Now ‘Very’ Bullish

22 March, 2017 |

EUR/USD overcame selling pressure in the 1.0800 zone and successfully pierced above a key trendline capping the range highs, signifying a bullish breakout, which has increased the likelihood of an extension higher.

Euro to Dollar

Sell EUR/USD at 1.0800: Credit Agricole

21 March, 2017 |

If there is any further upside for the EUR/USD pair in the week ahead then it should be taken as an opportunity to short the pair “anew” say analysts at France’s Credit Agricole.

Euro to Dollar

Euro's Rally to Hit a Brick Wall at 1.0829 Dollars

20 March, 2017 |

EUR/USD has climbed from its February lows in the 1.05s to a current market rate of 1.0755.

GBP/AUD: News and Forecasts

AUD

Australian Dollar Forecast to Soften by Barclays

24 March, 2017 |

Analysts at Barclays have updated clients with their latest forecasts for the Australian Dollar.

AUD

Pound / Australian Dollar Technical Outlook: Support at 1.60 Defends the Downside but How …

22 March, 2017 |

GBP/AUD is breaking higher suggesting a change of trend could be in the offing

AUD

The Pound Tipped to Advance on New Zealand and Australian Dollars

22 March, 2017 |

Strategists at Morgan Stanley believe the risk:position asymmetries in global foreign exchange markets make the British Pound the ideal candidate for a rally.

AUD

Australian Dollar to Enjoy Continued Support from Iron Ore Prices as Chinese Steel Mills R…

21 March, 2017 |

Iron Ore traders were the most pessimistic group in a recent survey of commodity practitioners by international commodity and financial services conglomerate Macquarie.

GBP/NZD: News and Forecasts

NZD

RBNZ Still wants a Cheaper New Zealand Dollar and will Cut Rates Again

23 March, 2017 |

The Reserve Bank of New Zealand left interest rates unchanged at 1.75% at their March 23 meeting - what are the implications for NZD of what was said in the minutes released following the meeting?

NZD

Pound / New Zealand Dollar Rate Could be About to Rotate Lower After Strong Run

22 March, 2017 |

 GBP/NZD is in consolidation mode as it oscillates sideways on higher time-frames

NZD

New Zealand Dollar Jumps Higher as Milk Prices Recover

21 March, 2017 |

The New Zealand Dollar rose strongly after the release of Global Dairy Trade data released on Tuesday.

NZD

Bearish Bias for Pound / New Zealand Dollar Rate Predicted to Play Out this Week

19 March, 2017 |

The GBP/NZD exchange rate is showing a triangle unfolding on the weekly chart; and we believe this could usher in a period of short-term weakness.

GBP/CAD: News and Forecasts

CAD

Pound to Canadian Dollar, Key Level Pierced, Bullish Outlook

22 March, 2017 |

 GBP/CAD decides in which direction to move after long deliberation.

CAD

The Canadian Dollar Tears Higher Following Jump in Retail Sales Data

21 March, 2017 |

 The Canadian Dollar rose sharply after Canadian retail sales rose by 2.2% compared to the month before

CAD

Technical Studies Suggest Pound / Canadian Dollar Exchange Rate is Perking Up

19 March, 2017 |

The Pound to Canadian Dollar exchange rate has been consolidating within a fairly narrow range between 1.62 and 1.65 for several weeks now, but now it is starting to show signs of directional activity.

CAD

Oil at Critical Level; Looks Vulnerable to Breakdown

13 March, 2017 |

 The price of crude oil fell 9% last week as inventory data showed stockpiles rising whilst data from futures exchanges showed a record high number of long or buy positions.

GBP/ZAR: News and Forecasts

ZAR

Pound vs Rand: Studies Suggest Reversal Potential Which Could Put an End to the Battering

20 March, 2017 |

GBP/ZAR has been falling steadily for months, reaching yearly lows of 15.56 last Thursday after the Bank of England’s (BOE) hawkish (meaning wanting higher interest rates) rate meeting.

ZAR

Pound's Downtrend Against Rand Tipped to Extend: The Next Targets

13 March, 2017 |

With no major signs of the downtrend ending yet, we forecast GBP/ZAR to continue lower, with a break below the 15.7500 confirming a continuation down to 15.5000.

ZAR

South African Rand's Move Higher Against Sterling Becomes Increasingly Laboured

06 March, 2017 |

GBP/ZAR has now surpassed the 2016 October lows forged when hard Brexit fears were at their worst after Theresa May’s speech at the Conservative party conference.

ZAR

South African Rand Advances on Pound Amidst Emerging Market Favouritism

28 February, 2017 |

The South African Rand has gradually strengthened versus the Pound after the outlook for emerging market currencies brightened.