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

Rabobank Foley GBP EUR

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

Parliament to sit on Saturday

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

Euro exchange rate

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

Exchange rates

Pound Sterling has pulled back to an important chart level against the Euro, where the short-term uptrend is at risk of breaking down.

October 4,2019

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