The Pound-Euro rate is recovering its footing on the charts and may attempt to tentatively explore its upside potential over the coming days but a possible Doji candle on the weekly charts is a negative omen for the trend in the exchange rate and Brexit concerns are returning to haunt the British currency.  

April 26,2020

Euro today

The main question being asked of leaders today will be how to finance the proposed European Recovery Fund, the answer to which could have a material impact on trade in the Euro.

April 23,2020

The Pound-Euro rate snapped a two-day losing streak and averted a hat-trick of declines on Wednesday but it faces a cocktail of risks in the coming session that could undermine the recovery of the British currency and potentially put it on course for a return toward its financial crisis lows. 

April 23,2020

The Pound-Euro rate rose by a grand total of thirteen points last week and is stalling on the charts just as the British currency risks becoming the 'sick man of Europe' again in a toxic combination of fundamentals and technicals that could put Sterling at financial crisis lows in the weeks ahead. 

April 20,2020

The Pound was treading water against the Euro on Wednesday but it could be about toward financial crisis lows if price action completes the 'evening star' candlestick reversal pattern forming on the charts and if technical forecasters are right in tipping a return to 2008 lows for the coming weeks.

April 16,2020

Pound Sterling vs. Euro

The British Pound has hit fresh 1-month highs against the Euro over the course of the past 24 hours and momentum studies suggest Sterling remains poised to extend its recent recovery.

April 15,2020

The Pound-to-Euro rate gained half a percent last week but is now road-blocked by technical impediments on the charts that could tip it lower this week, although ongoing hope of a peak in the spread of coronavirus and a fractious European response to the crisis might limit the downside seen by Sterling.

April 12,2020

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