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Pound to Euro Week Ahead Forecast: Unto Technical and Global Headwinds

  • Written by James Skinner, Contributions from Gary Howes

The Pound to Euro exchange rate entered the new week near to November highs but could find itself confined to a narrow and potentially sleep-inducing range this week, one spanning the gap between Sterling's 100-day average at 1.1603 and technical resistance up near 1.1667.

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Hat-trick of Pound to Euro Rate Gains Brings Pocket of Resistance into View

  • Written by James Skinner

The Pound to Euro exchange rate has built further on last Friday's advance early in the new week but its hat-trick of gains now has Sterling fast approaching a dense pocket of technical resistances near and above the 1.16 level on the charts, meaning the rally could be likely to stall in the near future. 

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