According to a note foreign exchange analyst, the British Pound is likely to remain well supported for the foreseeable future as a combination of Bank of England policy and increased Government spe…
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The Pound closed the Friday session having become the second best performing major currency of the week although there could be further gains in store for the coming days if studies of the charts a…
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Pound Sterling crossed a key psychological and technical level against the Euro on Wednesday, January 22 after data showed confidence amongst UK businesses has increased substantially since the Dec…
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The Pound-to-Euro rate slipped last week as Sterling underperformed all major rivals, although the charts suggest a neutral outlook ahead of jobs and PMI data which are due over the coming days and…
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Pound Sterling has moved back against a key level against the Euro, as bulls fight to keep a multi-month uptrend alive and markets question the ability of the Bank of England to deliver an interest…
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It now appears that the Pound is breaking down through the trend line and this would have us suggest the uptrend is ending and the Euro has the opportunity to regain the initiative.
Read more … →The was lower against all major currencies as markets closed Friday but it still ended the week a fraction higher against the Euro and remains above crucial support levels on the charts, although S…
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