The British Pound remains caught in a downtrend against the Euro, and based on technical studies and the overarching political backdrop, we would expect downside pressures to remain in charge for t…
Read more … →The Pound is facing more losses and could easily see record lows before the year is out, according to strategists at Rabobank, who say the game of Deal-or-No-Deal among Tory leadership candidates a…
Read more … →Currency strategists at Danske Bank have told clients they see the potential for Pound Sterling to recover from current levels, saying that the abundance of uncertainty in the UK political landscap…
Read more … →The Pound and Euro are engaged in a consolidation mode but analysts at IG say a dominant downtrend will most probably take the exchange rate lower in coming weeks.
Read more … →Foreign exchange strategists at Nomura - the global investment bank - say there is little likelihood of a rebound in the value of the British Pound for the foreseeable future.
Read more … →The Pound heads higher against the Euro at the start of the week in a rebound which could extend over coming days with EU election results suggesting there has been no political earthquake in Europ…
Read more … →Pound Sterling suffered a 14th consecutive daily decline against the Euro on May 23, confirming the entrenched downtrend that has been in place since May 06 continues to guide the exchange rate low…
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