The Pound-to-Euro exchange rate reached a new 12 month high over the course of the past 24 hours and studies of the market setup suggests further follow through could be possible in the near-term.
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Pound Sterling advanced against the Euro and other peers after Bank of England data showed a strong recovery in consumer demand for credit and suggested a 'mini boom' in housing was underway.
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The Pound-to-Euro exchange rates has carved out a technical bottom on the charts and could now have scope to extend its run higher in the week ahead, potentially reaching four month highs in anothe…
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The British Pound raced to a fresh ten week best against the Euro over the course of the past 24 hours, with the Pound-to-Euro exchange rate hitting a high of 1.1197 following an important policy u…
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The Pound-to-Euro exchange rate set itself on course for a third consecutive gain on Thursday and was tipped by technical analysts for an extended run higher amid an ebbing downtrend on the charts,…
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"We have lowered our long-term outlook for the GBP vs the EUR," says Valentin Marinov, Head of G10 FX Research & Strategy at Crédit Agricole in London.
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The Pound-to-Euro exchange rate signed off with a soft finish to an otherwise strong week Friday but enjoys nearby technical support and could reclaim higher levels alongside the Dollar Index in th…
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