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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
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
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
Foreign exchange analyst Jane Foley at Rabobank has warned the Pound-to-Euro exchange rate could be vulnerable to a sideways grind over the next three months, a move that will frustrate those looking for material changes in value of either Sterling or the Euro.
October 10,2019
The UK Government has given a strong sign of intent that they intend to bring back a deal to Parliament by announcing an unusual sitting of the House of Commons.
October 9,2019
GBP/EUR could really tumble if it breaks below a key support level, but volatility will be heightened next week as the EU and UK seek a fresh Brexit accord.
October 6,2019
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