Johnson vote delayPound 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

Exchange rates

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

Barnier

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

British and Euro flags

The Pound-to-Euro exchange will fall back down towards 1.11 if analysts at a leading Scandinavian Bank are correct in their expectations and the UK requests another Brexit extension of the EU before the October 31 Brexit deadline.

October 14,2019

Brexit decision dominates Sterling-Euro outlook

Our technical studies of the GBP/EUR charts indicate the bulls are back in control and likely to push the exchange rate higher over the following days; however Brexit headlines will continue to be the primary driver of Sterling and therefore we expect substantial volatility.

October 13,2019

The Pound-to-Euro rate shot higher on Thursday on the back of renewed hopes of a Brexit deal and studies of the charts suggest that further gains could now be in the pipeline. 

October 11,2019

Varadkar Johnson

The British Pound saw its largest one-day jump against the Euro since March, on the back of indications that the EU and UK could still snatch a Brexit deal ahead of the October 31 deadline.

October 11,2019

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