Pound-Euro News Directory

Studies of the GBP/EUR charts show the pair has reached a ‘glass ceiling’ that has applied the brakes to a multi-week rally and further upside is subject to a break of this resistance.

October 27,2019

It is reported that France's President Emmanuel Macron is looking to extend the Brexit deadline to November 15, thereby rejecting the request from the UK Parliament for a deadline to be extended to January 31. This could actually be a good thing for the Pound.

October 24,2019

A General Election is said to be an "even more concerning development" than Hard Brexit by de Vere Group's Nigel Green, as the Pound could see a significant sell-off under a Jeremy Corbyn win, while another split Parliament opens the door to years more of crippling uncertainty.

October 23,2019

Pound Sterling faces another volatile week ahead, with focus on the UK Parliament where MPs will once again look to vote on a Brexit deal, the passing of which will almost certainly allow the currency to test fresh multi-month highs against the Euro.

October 21,2019

From a purely technical and quantitative point-of-view, the charts are showing signs of a bias to a positive outcome to negotiations and for the Pound to make more gains in the short-term.

October 16,2019

The Pound-to-Euro exchange rate has jumped 1.25% today to record its highest level since May, on headlines that EU and UK negotiators are closing in on a legal text that will pave the way for EU leaders to sign off a deal at this week's summit.

October 15,2019