Pound-to-Euro Week Ahead Forecast: Capitulation or Breakthrough at 1.16
Pound sterling is encountering a significant technical resistance zone against the euro.
Pound sterling is encountering a significant technical resistance zone against the euro.
Seasonality and politics are against the pound.
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
Pound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Pound Recovers After Burnham Goes 'In Hock' to the Bond Markets Pound Sterling Selloff to Fade as Burnham Gamble Reeks of HubrisPound sterling is encountering a significant technical resistance zone against the euro.
Pound's Ascent Against Euro Rises Into Rarefied Air Pound-to-Euro Week Ahead Forecast: Steadier Pound-to-Euro: Analysts Respond to Political UpheavalPound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Rising Unemployment, Cooling Wages: Bank of England Can Hold Back Hikes Pound Sterling Isn't Fooled by Q1's UK GDP SurgePound sterling holds gains against the dollar and euro after the Bank of England maintains interest rates and signals it remains guarded against rising inf...
Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England Intervention Pound Sterling Firms on 'Hawkish' Bank of England GuidancePound sterling benefits as UK-specific risk premiums fade alongside declining oil prices.
Dollar Bounce Has a Ceiling: TD Bank Pound-to-Dollar Forecast: Long Hot Summer Ahead Warns ING GBP/USD Forecast: "Upside Surprise" Ahead Says Morgan StanleyThe pound to Australian dollar exchange rate is squeezed into a pincer point on the daily charts, suggesting it's readying for a breakout.
Analysts Call Time on Australian Dollar's Stellar Run Australian Dollar Weighed by Fading RBA Rate Hike Bets Why the Australian Dollar is SlidingThe pound is rising against the New Zealand dollar, but midweek the Reserve Bank of New Zealand is a risk.
New Zealand Dollar: Why Struggling Consumers Matter Pound-New Zealand Dollar Rate Due a Breather New Zealand Dollar to "Languish": WestpacThe euro can regain some of its May losses into the month-end period, but the recovery should be shallow.
Euro-Dollar at 1.20 Off the Table: Rabobank Euro Headwinds Grow as Economy Cools Notably in May Euro-Dollar Forecasts Tilting LowerGBP/CAD remains trapped inside a broad multi-month range, but the recent price action suggests bullish momentum is rebuilding and the pair is attempting an...
Pound-to-Canadian Dollar Week Ahead Forecast: Big Support Line Encountered Pound-Canadian Dollar Caught in 100-pip Range Canadian Dollar: Bank of Canada Strikes 'Dovish' ToneIt's happening: by 2027 the Swiss franc will be stronger than the pound, according to a new forecast report.
Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy "Seek Shelter in Safer Currencies" Warning Sounded