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
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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