Studies of the Pound-Euro charts show the pair trading sideways in a bullish continuation pattern at the top of a longterm range.
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The British Pound is seeing a strong finish to October, a month that saw it outperform all its major rivals by a comfortable margin, and the market is showing it likes the idea of a strong Conserva…
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Foreign exchange strategists at Westpac - the Australia-based international investment bank - have told clients they see value in buying Sterling against the Euro.
Read more … →Pimco, the largest bond fund in the world, has started buying more Pounds, according to Geraldine Sundstrom, managing director and portfolio manager at the fund.
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Studies of the GBP/EUR charts show the pair has reached a ‘glass ceiling’ that has applied the brakes to a multi-week rally and further upside is subject to a break of this resistance.
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It is reported that France's President Emmanuel Macron is looking to extend the Brexit deadline to November 15, thereby rejecting the request from the UK Parliament for a deadline to be extended to…
Read more … →A General Election is said to be an "even more concerning development" than Hard Brexit by de Vere Group's Nigel Green, as the Pound could see a significant sell-off under a Jeremy Corbyn win, whil…
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