Foreign exchange strategists with UniCredit are expecting Theresa May's Brexit deal to succeed in parliament on a second or third attempt, and this should spark a strong rally in Sterling against the Euro.
January 15,2019
From a technical perspective Pound Sterling is positively aligned against the Euro, but we are wary of a notable spike in volatility over coming days as the EU-UK Brexit deal is put in front of the UK parliament.
January 13,2019
Foreign exchange strategist Jordan Rochester with Nomura in London says he is a buyer of Sterling, saying the UK parliament will ultimately ensure the UK avoids a 'no deal' Brexit.
January 11,2019
Foreign exchange strategists at Wall Street's Goldman Sachs say they are confident Pound Sterling will rise against the Euro over the next three months.
January 11,2019
Technical studies of the GBP/EUR exchange rate have improved notably over recent days leading us to be bullish short-term on a technical basis, however we are aware that intense political anxiety will beset Sterling this week as UK lawmakers return to work ahead of the key Brexit vote scheduled for next week.
January 7,2019
The British Pound saw strong buying interest against the Euro after it dipped below the key 1.10 level on global currency markets confirming it is unlikely to fall below this point in the near-future.
January 4,2019
“I am bullish USD for the current bear market period which is likely to last about 3 years or so” - Enda Glynn.
January 3,2019
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